QiDZ raises $1 million in seed round

QiDZ raises $1 million in seed round
QiDZ raises $1 million in seed round

We show you our most important and recent visitors news details QiDZ raises $1 million in seed round in the following article

Hind Al Soulia - Riyadh - Source: Gulf News

QiDZ, a one-stop destination for kids-related fun, education and entertainment in the UAE, announced earlier today that the company has raised $1 million (Dh3.67 million) in seed funding.

The round was led by several regional and international institutional investors, which included the Oman Technology Fund, 500 Startups, Vision Ventures, Seedstars, Mindshift Capital, Delta Partners Ventures and support from the OQAL Angel Investor Network, UAE Business Angels and Misk Innovation.

The company will use the funds to further enhance its product offering, grow its team and expand its footprint into other GCC markets.

Khalid AlHadlaq, an investor and an Advisory Board Member said, “QiDZ has established real value for kids entertainment in the UAE. I am excited to see the growth and what the team has achieved, and to be part of the journey. The time has never been better to expand into other markets and, in particular, into Saudi Arabia.”

Continue reading this story

These were the details of the news QiDZ raises $1 million in seed round for this day. We hope that we have succeeded by giving you the full details and information. To follow all our news, you can subscribe to the alerts system or to one of our different systems to provide you with all that is new.

It is also worth noting that the original news has been published and is available at Wamda and the editorial team at AlKhaleej Today has confirmed it and it has been modified, and it may have been completely transferred or quoted from it and you can read and follow this news from its main source.

NEXT UAE leaders congratulate Kuwait's new Emir, Sheikh Nawaf