Thursday, December 19

Tag: EQ2 ventures

Dubai based eyewa raises $2.5 million in funding from Wamda Capital & Others
FUNDING

Dubai based eyewa raises $2.5 million in funding from Wamda Capital & Others

DUBAI, UAE, Aug. 11, 2020-- UAE based eyewear platform eyewa raises a USD $2.5million in pre-series B bridge round from Wamda Capital, EQ2 Ventures and Nuwa Capital. This is eyewa's third funding round, before that the company raises mid-2019 Series A round of US$7.5million and US$1.1 million in a seed round in 2018. This bridge brings the total raised capital by eyewa to US$11.1million in the space of three years. The company specialises in online retail of sunglasses, eyeglasses, prescription contact lenses and color contact lenses, and offers a wide choice catered towards the latest fashion trends with a highly customised user experience throughout the discovery, ordering, packaging and delivery process. eyewa, which is now the largest online eyewear retailer in UAE and KSA...
Invygo raises 1 million USD in funding
FUNDING

Invygo raises 1 million USD in funding

Dubai, UAE: Invygo has raised $1 million USD in funding, as it looks to accelerate its expansion plans across the Middle East. The Dubai based startup and app-based car subscription service plans to use the funds to grow the business further by invest in technology and expanding into new customer segments. This investment is part of the “Pre-Series A” funding round led by EQ2 ventures, Class 5 Global, and 500 Startups, who are confident that Invygo has cornered the market by providing customers with greater flexibility in terms of finance options, choice in vehicles and excellent customer service model. The news follows the latest funding injection from Q4 2019, and since then Invygo has grown substantially by tripling the customer number base, increasing its dealership partners f...