Dabchy, a Tunisia-based e-commerce platform, has closed a seven-figures Pre-Series A investment led by Janngo Capital, with participation from Renew Capital and Village Capital, alongside angel investors including Karim Beguir, the founder of InstaDeep.
More to Know:
- Dabchy was founded by Ameni Mansouri, Ghazi Ketata, and Oussama Mahjoub in 2016.
- It is a marketplace that allows users to sell both pre-used and new goods. It started as an e-commerce marketplace for second-hand fashion and new fashion, then expanded to include other items most notably, books, sports objects and games.
- The company plans to use the investment to expand to Egypt and other countries in the MENA region, according to its statement.
- In 2019, Dabchy closed a Seed round of $300,000, which marked the first investment by Saudi-based Vision Ventures in the Maghreb region.
- The company said to Zero to One that Village Capital’s participation was a financing facility.