Flat6Labs, a regional seed, and early-stage VC firm announced the second close, and increase of its Tunisia-based Anava Seed Fund (ASF) from $3 million to $10 million, expanding its impact through world-class startup programs across the North African markets. This is following a recent second close of Egypt-based Flat6Labs Accelerator Company fund (FAC) to $13 million back in May of 2021 to support Egyptian early-stage startups, startupmgzn reports. The Anava Seed Fund was launched in 2017 in partnership with the Tunisian American Enterprise Fund, BIAT Bank and Meninx Holding, to invest in 75 Tunisian early startups in…
Category: Startups
Startups MENA Region: Tunisia ranked 2nd best talent ecosystem
MStartup Genome and Startup Tunisia release the 2021 Global Startup Ecosystem Report. Tunisia is featured in the world’s most important report on the advancement of startup ecosystems – it is ranked as the second largest ecosystem in the MENA region in terms of affordable talent. The Global Startup Ecosystem Report (GSER) 2021 by Startup Genome and the Global Entrepreneurship Network was launched on Tuesday 21 September at London Tech Week. The GSER is the world’s most comprehensive and widely read research on startups, with 280 entrepreneurial innovation ecosystems and 3…
Enactus Tunisia Race powered by Tunisie Telecom under the theme “Tech4COVID
Tunisie Telecom is supporting for the second consecutive year the annual technology competition launched by Enactus Tunisia. Under the theme ”Tech4COVID”, this prestigious competition is dedicated this year to young idea holders and entrepreneurs who want to develop or implement innovative and technological projects to meet the major challenges facing the world today. The proposed solutions should have positive economic, social and environmental impacts and responses to the problems linked to the Covid-19 pandemic. Through this partnership action, Tunisie Telecom reaffirms its commitment to support national efforts to combat the…
The Dot, first digital innovation hub in Tunisia
An unprecedented new asset for the success of young Tunisian entrepreneurs is materialized through an an excellent initiative for young companies and innovative Tunisian startups who will find in a new space, the Dot, a place of exchange, sharing and coworking. Thanks to the various services that will be offered to accelerate the digital transformation of public institutions, the industry sector and civil society, The Dot will contribute to prepare the economy of tomorrow and work towards a paperless administration. For the first time in Tunisia, young entrepreneurs will be…
Ignite Tunisia, programme to boost ecosystems in the regions
Launched by Flat6Labs, funded by the European Union and implemented by Expertise France as part of the “Innov’i” project, Ignite Tunisia is a capacity building programme for regional support structures in Tunisia. Given that 90% of startup support structures are based in Tunis, Ignite Tunisia aims to boost regional ecosystems by transferring the skills and expertise in the implementation of startup support programmes that Flat6Labs has acquired over more than a decade of operation throughout the MENA region. “Ignite Tunisia was born out of more than two years of reflection.…
FinTech Expensya raises $20 million
Expensya announces a $20 million round of financing from MAIF Avenir and Silicon Badia. ISAI, the iconic French Tech fund led by Jean-David Chamboredon, and Seventure Partners, which took part in the company’s previous round of funding ($4.5 million in December 2018), also participated in the deal. Founded in 2014 by Karim Jouini and Jihed Othmani, two former Microsoft engineers, the Franco-Tunisian FinTech initially tackled the management of expense reports before expanding its scope at the end of 2018 to all professional expenses (overheads, online purchases, public transport…). “This is…
2 Tunisian tech startups secure investment from new seed fund
Two Tunisian tech startups have secured investment from the newly-launched Maxula Seed Fund, which aims to support innovative, early-stage Tunisian startups with high growth potential across a range of impactful sectors, Disrupt Africa reports. Created by asset management company Maxula Gestion, the fund has raised capital from insurance company MAE and the Arab Tunisian Bank (ATB), and wants to back companies with innovation at the heart of their business models. “The Maxula Seed Fund was created by Maxula Gestion as part of a synergy with our portfolio of investments. Our objective…
Ashoka Fellow Meher Khelifi journey to break down social insurance barriers: “I want to help every single woman that has no social or health coverage”
Meher Khelifi, newly elected Ashoka Arab World Fellow and founder of Ahmini, shared with us his first reactions to becoming an Ashoka Fellow, the challenges he faced along the way, and his experience pursuing social security coverage for women in rural Tunisia. Meher Khelifi experienced first-hand the devastating consequences of being uninsured in Tunisia when his mother, Fatema, passed away in 2016. Fatema was uninsured and therefore untreated for what was later diagnosed as cancer. After this life-changing experience, Meher was convinced that no woman should ever go through the…
379 startups now labelled “Startup Act”
Twenty-six startup labels have just been awarded by the Ministry of Communication Technologies. This brings the total number of labels awarded to 379 as part of the Startup Act program. These startup labels award took place during a virtual ceremony held on Tuesday, December 8, the Ministry of Communication Technologies announced. During the period from April 2019 to April 2020, 248 labels were awarded out of 416 applications with an acceptance rate of 70%. Moreover, they generated a cumulative turnover in 2019 of 66 million dinars, including 72% carried out…
Tunisian startup Onboard raises $175,000 in funding
Onboard, a Tunisian startup that transforms the customer support experience offered by manufacturers, using intelligent 3D manuals, has raised $175K from Kepple Africa Ventures. Tunisian software as a service (SaaS) startup Onboard has raised $175,000 in funding, from Kepple Africa Ventures and other individual investors. Founded in 2019 by Safwen Bouali, Cherif Redissi, and Amine Troudi, Onboard helps hardware/manufacturing companies transform their textual manuals to 3D immersive manuals, enabling them to offer instant customer support to their end clients. Since its inception, Onboard has raised a total of $250,000 from multiple accelerators,…