Category: Success Stories

Tunisia’s Kumulus Water closes $3.5 million seed round

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Tunisia-based WaterTech startup Kumulus Water, which turns air into safe drinking water, has closed a $3.5 million seed funding round to accelerate the development of its atmospheric water generation technology and support expansion into key markets, including France, Spain, and Saudi Arabia. The round saw participation from Bpifrance (through France 2030 SGPI and Île-de-France Region), PlusVC, Khalys Venture, Flat6Labs, several European and North African family offices, and European bottled water leader Spadel. The new funds will support the launch of the Kumulus Boks line—high-capacity, off-grid water units designed for industrial…

Tunisian company transforms olive waste into eco-friendly fuel

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In Tunisia’s olive groves, an innovative company is addressing environmental challenges by transforming agricultural waste into valuable energy resources Tunisian company, BIOHEAT, says it has developed technology that compacts olive residue—locally known as “Fitoura”—into efficient fuel briquettes. “So, one kilogram from us replaces four kilograms of firewood, reducing CO2 emissions during combustion. In addition to that, the carbon footprint of its production is minimal. We don’t use dryers, we use air drying. We use minimal resources for compaction. So the carbon footprint during production is minimal. In addition, the carbon…

Dabchy, Tunisia’s fashion e-commerce company, raises seven-figure pre-Series A funding round

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Tunisian circular fashion marketplace Dabchy has raised a seven-figure USD pre-Series A round of funding led by Janngo Capital, with participation from Renew Capital, Village Capital, and angel investors including Karim Beguir, the founder of InstaDeep. While the exact amount was not disclosed, the funding marks a significant milestone for the growing secondhand fashion platform. Founded in 2016 by Ameni Mansouri, Ghazi Ketata, and Oussama Mahjoub, Dabchy has built a community of more than 1.3 million users across Tunisia and Egypt, and currently serves more than 10 percent of the…

Adelaide International 2025: Jabeur beats Collins to step up comeback ahead of Melbourne

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Photo Credit: Getty Images Three-time Grand Slam finalist Ons Jabeur stepped up her comeback ahead of the Australian Open by beating fourth seed Danielle Collins 7-6 (8/6), 6-2 on Tuesday at the Adelaide International. The 40th-ranked Tunisian wildcard, who last week reached the Brisbane quarterfinals, had a shoulder injury last year that kept her off court after August. Collins, the 2022 Australian Open runner-up who cancelled a retirement scheduled for the end of 2024, was playing her first WTA match since September. Jabeur faces Kazakhstan’s Yulia Putintseva in the last 16 and said she relied…

Flouci: financial superapp for individuals, businesses to create free bank account, mobile wallet via smartphone

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Anis Kallel is the co-founder and CTO of Flouci (By Kaoun), a Tunisian-based fintech startup working to revolutionise digital banking in Francophone Africa by developing identification, payment and credit solutions tailored to the unbanked and underbanked. Flouci is a financial super-app that allows individuals and businesses to create a free bank account and mobile wallet via smartphone, while accessing a range of financial and government services. Inspired by the potential of technology to reduce barriers to entry for the underbanked and underserved, Flouci is addressing a critical need in a…

Five things to know about Tunisia’s tech and startup ecosystem

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Photo Credit The Condia Tunisia, is home to two of Africa’s high-profile exits, Instadeep and Expensya. Yet, not much is known about the country’s tech ecosystem. This article fixes that. Tunisia, Africa’s northernmost country, often flies under the radar in discussions about the continent’s tech and startup ecosystems. You might have heard of Tunisia through the historic exit of InstaDeep, which marked the largest M&A deal in Africa last year. In many ways, InstaDeep epitomises the typical archetype of a Tunisian startup: a deep-tech solution, born in Tunisia, headquartered in the…

Tunisia’s Wattnow closes multi-million dollar funding round

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IoT-based smart energy management startup Wattnow has announced the closing of a multi-million dollar funding round to help drive its already impressive growth, Disrupt Africa reported. Founded in 2018 by Issam Smaali, Wattnow helps businesses take control of their energy consumption through the combination of its plug-and-play hardware and software solutions. The startup’s service allows businesses to visualize their energy consumption in real time, control and automate certain loads, and receive alerts and notifications when something goes wrong. The data, captured by smart sensors, is analysed by machine learning engines,…

MONSAPO inspired by nature for maximum efficiency

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MONSAPO is an innovative Tunisian green technology start-up, founded in 2021, which aims to disrupt the green cleaning industry. It stands out for its innovation on two fronts: product innovation and process innovation. Product innovation involves using its patent-pending formula that includes hazardous waste such as used cooking oil, a single lite of which contaminates 10 million litres of water, and non-hazardous waste such as wood ash as raw materials, in line with the circular economy and sustainable development model. The innovation in MONSAPO is the manufacturing process to sell…

The Volants d’Or 2023: Celebrating Excellence in the Automotive Industry

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A Prestigious Tribute was paid to Automotive Excellence at a ceremony marked by a festive and jubilant atmosphere held on Saturday, 24 February 2024, at the Hotel Laico Tunis to showcase the Tunisian automotive sector. In its 6th consecutive edition, the Volants d’Or 2023 awards ceremony, a key event for the automotive sector in Tunisia, was an opportunity to reward the best-performing companies in the automotive sector in 2023. Organised by TUNISIEAUTO.TN and ADCOM Agency, with TotalEnergies as partners for the third year in a row, this major event brought…

Ons Jabeur inks sponsorship deal with Saudi fitness brand Kayanee

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Credit goes to The National News UAE Tunisian tennis player Ons Jabeur has “signed a new sponsorship deal” with Saudi Arabia’s PIF-owned fitness and wellness brand Kayanee, according to Reem Abulleil of THE NATIONAL. Jabeur had been with Lotto Sport Italia for nearly a decade, but she will now be “wearing an exclusive tennis line designed for her by Kayanee,” an integrated company established by the PIF last year “with the goal of promoting quality of life for women.” Jabeur recently took part in the first ever women’s professional tennis…