Algeria’s LabLabee Raises $3.4M Seed Round

Algeria-based, LabLabee, has raised $3.4 million in a Seed round led by Reach Capital, with participation from Classera, Brighteye Ventures, and e& Capita, along with angel investors Cedric Sellin and Mohammed Husamddin.

Why it Matters: The investment will help the company expand operations into the US market after expanding to the Middle East, Africa, and Europe.

More to Know:

  • LabLabee was founded in 2021 by Samir Tahraoui and Mahfoud Sidi Ali Mebarek.
  • The platform offers practical, hands-on learning experiences focusing on network technologies such as 5G and cloud computing.
  • LabLabee will use the funds to hire more talent and develop technologies.

مقالات ذات صلة

Startup: EdTech. Founding date: 2023. Country: Saudi Arabia. Investors: Angel Investors. Saudi...

Saudi-based fintech startup, FeeSolution, has raised $300K in a Pre-Seed Round from...

RasMal, a Saudi-based fintech startup, closed a $4.8 million (18 million SAR)...