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.

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