Founded in April 2023, RedotPay quickly established itself as a pioneering alternative to traditional banking for the unbanked. With over 3 million registered users globally, the industry leading crypto card & payment platform’s rapid adoption underscores the growing demand for crypto-based payment solutions in everyday transactions.

RedotPay’s mission is to create a borderless payment ecosystem that seamlessly bridges fiat and cryptocurrencies. By integrating traditional digital payment technology with cryptocurrencies, RedotPay enables users to easily spend digital assets with the familiarity of conventional payment methods. The platform’s intuitive design and focus on practical crypto applications have been key market differentiators.

“Our team takes pride in empowering millions globally with financial access while bridging the gap between fiat and crypto,” said Michael Gao, co-founder and CEO of RedotPay. “As we scale our platform capabilities, we look forward to partnering with Lightspeed, HSG, Galaxy, and our other strategic investors to expand our reach and accelerate financial empowerment worldwide.”

The round’s success highlights investors’ alignment with RedotPay’s vision to integrate cryptocurrencies into everyday use. Lightspeed, a global multi-stage investor, leading payment and fintech-focused investor, led the funding round.

Pinn Lawjindakul, Partner at Lightspeed, commented, “We are thrilled to partner with Michael Gao and his team as they work to reshape the financial landscape. RedotPay’s platform is already revolutionizing financial access for millions who lack access to traditional banking. We are excited to support RedotPay as they continue to build a more inclusive financial ecosystem and redefine the way people interact with money.”

“Crypto payments are no longer a niche concept—they are becoming a fundamental part of the global financial infrastructure. RedotPay’s seamless integration of digital assets with everyday payments is a game-changer for millions of consumers globally. We’re excited to be a part of their journey,” said Will Nuelle, General Partner of Galaxy Ventures.

With this new funding, RedotPay plans to accelerate its product roadmap, enhance its payment ecosystem for a smoother user experience, reinforce regulatory compliance frameworks, and expand its licensing footprint across multiple jurisdictions.

“We don’t just build products. We solve real problems for our users. We stay engaged by listening, being transparent, and committed to improving their experience.” Michael Gao added, “The pace of adoption by crypto enthusiasts and those who’ve been left out by the traditional banking system shows that we are building something truly impactful.”

PwC Corporate Finance and Venture & Growth teams served as financial advisors to RedotPay for its Series A financing round.

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Since its founding in 2019, Klaim has positioned itself as an innovative and out-of-the-box force in fintech, providing a cutting-edge payment platform specializing in healthcare. Leveraging artificial intelligence and a vast data repository, Klaim predicts insurance payment behaviors through advanced data analytics and AI models. This enables faster and more efficient healthcare claims processing. With the new funds, Klaim aims to expand its footprint in the UAE, deploy capital in Saudi Arabia, Oman, and other regions, and continuously refine its technology to better serve healthcare providers.

Last year, Klaim announced a strategic milestone in its expansion into Saudi Arabia through a collaboration with Tharawat Tuwaiq Financial Company, an asset manager and financial advisor licensed by the Saudi Capital Market Authority (CMA). As part of this collaboration, Tharawat Tuwaiq has successfully obtained approval and launched a healthcare private closed-ended financing fund. The fund, valued at SAR60 million (approximately USD16 million), aims to enhance access to working capital solutions tailored to the healthcare sector’s unique needs. 

The first transaction under this initiative is set to take place in March 2025, further strengthening Klaim’s commitment to empowering healthcare providers with innovative solutions. Additional funds within this program are expected to be introduced in the second half of 2025, reinforcing long-term support for Saudi Arabia’s healthcare ecosystem.

“We’re excited to achieve this milestone in our journey. Securing Series A funding is not only a major validation of our vision and business model but also the critical inflection point that enables us to scale rapidly,” said Karim Dakki, Co-Founder and CEO of Klaim. 

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Flow48 exceeded its roadmap targets and achieved key milestones, including:

• Securing a large and scalable debt facility from sophisticated financial institutions.
• Strengthening its market presence in South Africa while cementing its position in the UAE.
• Introduce new products for SMEs and expand into Saudi Arabia and other potential key markets.

With this new funding, Flow48 is set to further expand in its two key markets, and replicate its solution in Saudi Arabia, the largest economy in the MENA region, with a sizable yet underdeveloped SME ecosystem. The company will also continue to add new features to enhance its platform capabilities, leveraging alternative data sources and advanced risk assessment tools to deliver tailored financial solutions to SMEs.

“We’ve seen tremendous progress in the SME lending landscape, and this additional funding allows us to enhance our services even further,” said Idriss Al Rifai, CEO & Co-Founder of Flow48. “SMEs are the backbone of every economy. They create 90% of jobs and contribute to 50% of GDP, yet they remain under-supported. We’re deeply committed to bridging this gap and fostering sustainable growth.”

Beyond lending, Flow48 is centralizing critical data insights in a region where SME operational data is fragmented. By aggregating data on payments, operational behaviors, and sector-specific performance, Flow48 is building a robust foundation for smarter decision-making and risk-based lending.

Aligned with government goals to diversify regional economies beyond oil, gas, and real estate, Flow48 is playing a pivotal role in empowering SMEs to drive economic transformation. The company has also seen significant interest from traditional financial institutions and fintechs seeking partnerships to distribute SME lending solutions, underscoring Flow48’s position as a leader in the sector.

“The SME lending space is seeing rapid growth across the region, with recent capital raises demonstrating the sector’s enormous potential,” said Idriss. “This is a tide that raises all boats. Every success in this space benefits the sector as a whole, and we’re thrilled to contribute to this momentum while working to be the leader in the region.”

The company is deeply grateful for the support of its investors, including Breega, who led this round. “Having knowledgeable investors on board who bring not only capital but also deep expertise is critical to achieving our vision of becoming the leading SME lender across the region,” added Idriss.

Ben Marrel, CEO & Founding Partner at Breega, added:”It’s an honor to lead Flow48’s Series A. The team’s ability to consistently deliver on their ambitious roadmap is remarkable, demonstrating both vision and execution. Their innovative approach to SME financing is reshaping the lending landscape in the GCC, unlocking capital for businesses that are the backbone of the region’s economy. We are proud to support Flow48 in scaling their impact and driving financial inclusion across the market.”

Enrique Martínez Hausmann, Principal at Speedinvest, said: “I’ve had the privilege of watching Flow48 grow since their pre-seed round, and I’m incredibly impressed by how they have executed their vision. Idriss and his team are building something unique and impactful and having seen similar revenue-based financing models succeed in other regions, I’m confident Flow48 is on track to lead the market.”

Allen Taylor, Managing Partner at Endeavor Catalyst, commented: “At Endeavor, we believe the power of being a serial founder lies in how each venture builds on the last—deepening expertise, sharpening execution, and amplifying impact. Since joining our community in 2015, Idriss Al Rifai hasn’t just shaped the tech sector in MENA; he’s become a role model for the next generation of founders. We’re proud to back him and the Flow48 team as they redefine SME lending in the region.”

Commenting on the fundraising announcement, Hasan Haider, Managing Partner at +VC said: “We are excited to back Idriss and his team as they redefine access to capital for SMEs across the MENA. Flow48 is addressing a critical gap, offering the rapidly increasing demand for financing solutions in the dynamic SME lending arena. We look forward to supporting them as they pioneer to become leaders in this space.”

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Callum Wilson, co-CEO of Intelex Vision commented: “this strategic investment allows us to fuel our commercial growth whilst continuing to invest heavily in the product and disruptive and differentiated AI technology that underpins it”. 

Michael Vorstman, co-CEO added “after growing our revenues 11x over the past 3 years, in this new phase of our development we will aim to not only strengthen and expand our position in our existing markets, but also start to address some of the largest ones globally”. 

Hugo Fernández-Mardomingo, partner at Acurio Ventures said: “Given the rising insecurity perception in cities and critical infrastructure projects, we see Intelex Vision technology as a game changing opportunity to shift the status quo from forensic post-event data analysis to real-time threat monitoring. We are delighted to be part of this new growth phase in the video analytics industry, and to partner with the outstanding and dynamic team behind Intelex Vision.”

Nico Goulet, Founding Partner at Adara Ventures added: “As large-scale CCTV deployments generate ever-growing amounts of data, smarter video analytics are key for real-time threat detection and decision-making. With a scalable solution proven in the most challenging and dynamic environments, Intelex Vision has emerged as a leader in AI-powered video analytics, and we are proud to continue supporting their growth.” 

Ignacio Fonts, non-executive Chairman of Inveready: “We are happy to see that the excellent performance of Intelex in the recent years has been rewarded with the closing of this important fundraising milestone. We are confident that the combination of a great team, a unique technology and the market potential of AI-powered video analytics will turn Intelex into a shining star among the scaleups  of Europe.“

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This marks the first strategic investment that the 100-year-old Japanese global group, Sumitomo Corporation, made in the GCC.

Headquartered in Riyadh, Zension is the leading provider of protection, extended warranty and guaranteed buy-back services for mobile devices and consumer electronics plugged into major retailers, telcos and OEMs serving Saudi and UAE markets. With the new funding, Zension will offer customers a new way to buy, own and upgrade their devices through its new vertical Zaam. Having entered the market in 2018, Zension has gathered five year’s worth of data and analytics on customer behaviors providing insights on when people are most likely to upgrade, which models they will likely buy and which models are most likely to need repairs.

Recognizing the rapid growth in sales and frequent upgrading of tech hardware coupled with a lack of disruption in the space, Zension has identified a gap in the regional consumer market to offer personal tech hardware on subscription – from smartphones to wearables to headphones, laptops and more. Consumers worldwide are readily adopting subscription models for everything from entertainment to mobility, enjoying the benefits of greater product choice, flexibility and freedom from being locked into contracts at high price points. With Zaam, Zension brings these same benefits to personal tech offering the chance to upgrade and experiment with new or different models, switch regularly and enjoy free repairs, all at a lower price than traditional installment or buy now pay later plans.

Every device in the Zaam ecosystem is automatically repurposed allowing the maximum residual value to be captured and this value then passed back to customers in the form of a low monthly subscription. Zaam’s pricing engine uses real-time data and predictive analysis to accurately anticipate upgrade behaviors and to know the value of a device at any given point in its useful life. This combination of big data and a circular ecosystem powers Zaam’s unique, flexible subscription model. Customers will opt to purchase their tech with Zaam via large-scale, third-party distribution partners across the region starting this month.

Zaam also offers an environmentally ethical choice for customers – shifting behavior from the buy-use-discard single-use approach of a linear economy to one where the lifespan of tech is optimized, whilst enjoying the financial benefits that a circular model offers. Consumers who choose the Zaam way have optimal flexibility and pricing whilst feeling good about contributing to the circular economy.

Saudi is the largest device market in the region with 15+M smartphones sold every year, while the GCC has the fastest upgrade cycle in the world at average 12-18 months making e-waste a significant challenge. Strategic investment from Wa’ed Ventures and Japanese giant Sumitomo comes at a time when Saudi Arabia has laid down clear goals for tackling climate change and a commitment to lead on initiatives that can bring down the region’s contribution to global warming and depletion of fossil fuels.

Commenting, Khalid Saiduddin, Co-Founder and CEO of Zension Technologies, said: “Our mission at Zension is to drive behaviours that feed into the circular economy by ensuring tech devices can be used for their full, usable life. Smartphones have at least a seven-year lifespan but on average are used for just three – and with more than five billion phones being thrown away every year, that’s a big problem to fix. With this new funding we are elevating our business into a place where we can touch everyday consumers and dramatically shift their way of purchasing and owning their tech devices whilst making the right choice for the environment. Zaam is a win, win for all.”

Anas Algahtani, Acting CEO of Wa’ed Ventures, said: “Investing in sustainability and advancing a circular economy are central to our strategy and our commitment to support the Kingdom’s Vision 2030 targets. Zension’s innovative approach and proven track record in developing scalable solutions that promote environmental responsibility align perfectly with our strategic investment priorities. We are excited to support Zension’s growth as it works to become a household name in the region—empowering customers to make choices that are both environmentally and economically sustainable.”

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Earlier this year, in May 2024, the company launched “Secure IoT” — India’s first commercial-grade high-performance microcontroller SoC (System-on-Chip) taped out at 28nm. Designed for electronic devices that are transforming into “smart” connected devices like watches, meters, locks and access control units, as well as for powering devices like printers and PoS machines. The chip is on schedule to reach the market by mid-2025.

In addition, Mindgrove received approval under The Government of India’s semiconductor Design Linked Incentive (DLI) scheme amounting to ₹15 Crore for developing a new chip, “Vision SoC,” meant for high-performance edge computing and vision processing applications — CCTV cameras, dashcams, video recorders, ADAS, smart TVs, and more.

“The recent investment and the DLI scheme reaffirms confidence in our thesis and capabilities,” highlights Shashwath T R, CEO of Mindgrove Technologies. “The demand in India for high-performance SoCs with essential features for security and edge-compute is growing. We have been actively working towards meeting this need and have made progress in bringing designed-in-India chips to the market.”

The company is expanding its team across all departments – business, engineering, product and applications.

“Mindgrove Technologies represents the future of India’s technology sector, with its innovative solutions tailored for the needs of a rising India,” said Sailesh Ramakrishnan, Managing Partner at Rocketship.vc. “We at Rocketship are excited to be a part of this journey to reach world class technological excellence as they combine innovation, scalability, and execution to truly create a rocketship!”

“We are proud to further strengthen our partnership with Mindgrove Technologies in their mission to revolutionise the global semiconductor industry with cutting-edge, indigenously designed solutions,” said Vishesh Rajaram, Managing Partner at Speciale Invest. “Their successfully taped-out Secure IoT SoC exemplifies innovation and cost-efficiency, addressing both domestic and global demand for high-performance microcontrollers,  With the approval from MeitY under the DLI Scheme, Mindgrove is now developing a second RISC-V SoC aimed at high-performance edge computing and video processing for applications like CCTV cameras, dashcams, automotive ADAS, and smart TVs. The latest round of funding will enable them to accelerate product development and market entry, further driving India’s leadership in the global semiconductor landscape.”

The startup is incubated by IITM Pravartak Technologies Foundation and IIT Madras Incubation Cell. Mindgrove designs high-performance SoCs with advanced features at competitive prices for the Indian and global markets. In early 2023, Mindgrove Technologies secured $2.325 million in seed funding from Peak XV Partners (formerly Sequoia Capital India & SEA), Speciale Invest, and Whiteboard Capital.

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This funding milestone positions Klickl for accelerated growth in the burgeoning global Web3 banking space. Key initiatives stemming from this round include the launch of Klickl Labs in collaboration with Summer Ventures and Klickl Foundation in Q4 2024. Klickl Labs will spearhead strategic joint ventures leveraging its Web3 banking services, virtual asset servicing, and crypto payments/brokerage platform, targeting high-growth markets in the Middle East and Africa and act as an incubator for high-impact ventures, fostering scalable solutions in cross-border remittance and digital payment infrastructure. Meanwhile, Klickl Foundation will channel investments into the Klickl Web3 ecosystem, setting new benchmarks for the PayFi industry.

Web3Port Foundation, a renowned investment and accelerator platform supporting over 1,000 Web3 projects, will play a pivotal role in Klickl’s expansion. As a founding strategic partner, Web3Port will serve as a Limited Partner for the Klickl Foundation’s Web3 Fund and leverage its expertise in tokenomics to drive mass adoption of Web3 technologies.

Bobby Zhou, Chairman of Web3Port UAE, commented: “We are thrilled to support Klickl in its journey to redefine global Web3 banking services. This partnership also marks a significant step in our UAE expansion strategy. In 2024, Web3Port has partnered with RPG Holdings in Abu Dhabi and 19 leading VC firms to establish a stronger Web3 presence in the UAE. Together with local government and regulators, we aim to foster rapid innovation and community growth in the Web3 ecosystem.”

The Aptos Network is a Layer 1 blockchain, renowned for its breakthrough technology and Move programming language. Aptos Network is designed to continuously evolve, deliver exceptional performance, and reinforce user security safeguards. It is the first blockchain to achieve sub-second end-to-end (E2E) latency, setting a new standard in blockchain performance.

Michael Zhao, Founder and CEO of Klickl, stated:“The support from Web3Port Foundation, Aptos Labs, and our long-term investors — including Summer Ventures, Heritage Horizon Capital, V2 Capital, Alpha Square Group, Heng Feng Group, Trend Investment, and Bond Group— highlights the strength of our vision. This funding empowers us to expand our Web3 banking services, focusing on emerging markets across MENA and beyond. We are especially grateful to the local authorities for their forward-thinking regulatory support under ADGM, which has been instrumental in positioning Klickl as the region’s first fully licensed Web3 banking service, offering crypto custody and brokerage solutions.”

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Commenting on the drivers of the company’s success, Revibe Co-Founder, Abdessamad Benzakour said, “Buoyed by clear and commendable government visions and initiatives, an increasingly sustainability-oriented society, and cost-conscious consumerism, the market for pre-loved tech is set to accelerate to US$20 billion within a decade. While our ability to deliver like-new devices at 30% to 70% below their retail price points is undoubtedly appealing, it is our unmatched quality assurance that sets us apart, earning us a loyal and ever-expanding customer base.”

After securing US$2.3 million in seed funding last year, Revibe — which at launch focused on smartphones and laptops — considerably expanded its category of offerings, adding gaming, accessories, and smartwatches. To elevate customer convenience and deliver a slicker and more streamlined purchasing experience, the company also invested to deliver dedicated iOS and Android apps.

As it progresses steadily towards its goal of being the region’s ‘trusted marketplace for refurbished tech’, Revibe maintains customer satisfaction as its north star. The company’s comprehensive 1-year warranty, free shipping and returns, 10-day return policy, and human-led and AI 24×7 customer support have resonated strongly with consumers, yielding sales of over 80 thousands refurbished devices over the last two years. This has translated not only to savings of over US$14 million for customers, but also over 4 million kgs of CO2 emissions and 960 million litres of water being saved.

With its latest infusion of funds, Revibe will now work to accelerate and consolidate its expansion in emerging markets, while investing in expanding its customer care and quality assurance teams. Hamza Iraqui, Revibe’s other Co-Founder highlighted, “Our revenue growth proves that we have a sound business model that addresses a clear market need in emerging markets. We are especially proud to stand as proof that a sustainability-focused enterprise can be a win-win endeavour, turning over positive unit economics while deliver compelling value to customers. These will continue to be the pillars of our strategy as we expand steadily across other geographies.”

“We are thrilled to invest in the leading B2C marketplace for refurbished electronics in the region. This venture reflects our commitment to supporting innovative solutions that enhance accessibility and sustainability in consumer technology. We are happy to already witness a significant growth of the company since our investment earlier this year – with healthy unit economics,” commented William Vermont, Principal at ISAI.

Maxime Le Dantec, Partner at Resonance, added, “Revibe is one of the fastest-growing startups we’ve had the privilege to support through Resonance, and today we’re proud to double down on our investment. As the leading electronic refurbishment marketplace in the MENA region, Revibe is poised to expand its reach globally, with a bold ambition to become the #1 player in developing markets. They are tackling an impressive US$30 billion market opportunity with remarkable execution.”

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Built to help SME owners run their businesses better, Wafeq has been at the forefront of regional accounting transformation. Open banking and integrations with leading banks in the region, such as Saudi Awwal Bank, Al Rajhi Bank, HSBC, and Wio, have enabled Wafeq to automate accounting in ways that are not possible with competitors.

Nadim Alameddine, CEO & Founder of Wafeq, commented: “The digitization drive of regional businesses has been crucial in modernizing our economies. With SMEs navigating an evolving regulatory landscape, Wafeq is ensuring that business owners and accounting firms have the tools to stay compliant and run their businesses better. Our Series A round, backed by 9900 Capital, Raed Ventures, and Wamda Capital, puts us one step closer to simplifying accounting in MENA. As one of the fastest-growing accounting SaaS platforms in the Middle East, we are excited to announce our hiring plans to grow our existing presence in KSA and the UAE. This will allow us to support job creation and the digitization of the UAE and the Kingdom in line with Vision 2030.”

Accelerating Growth and Expansion
With over 2 million invoices worth $400 million issued every month—90% of which are from Saudi Arabia—Wafeq’s modern and easy-to-use software is becoming the accounting platform of choice in the region. Following this funding round, Wafeq intends to double down on hiring and product development. With offices in Saudi Arabia and the UAE, the company will seek to scale its business rapidly.

Faisal Alhajj, Head of MENA at 9900 Capital, commented: “This is a uniquely transformative time to be investing in the GCC and in Saudi Arabia. A new generation of innovative businesses is requiring localized solutions to meet their financial planning and accounting needs. KSA now boasts over 1.5 million SMEs—more than double the number just two years ago—that are going to play a vital role in driving the region’s economic development. The government’s digitization efforts under Vision 2030 are also fostering more robust business practices, and Wafeq’s hyper-localized platform is transforming SME accounting, empowering them to manage their finances in a simple and effective manner. With a deep understanding of the region and a best-in-class product, Wafeq is well-positioned to support SMEs as they unlock this significant growth wave in MENA.”

Wafeq will also invest further in compliance-focused product development, as new taxation policies are rolled out across KSA and the UAE. With significant regulatory changes—including the introduction of value-added tax (VAT), corporate tax implementation in the UAE, and the anticipated implementation of mandatory e-invoicing in the UAE—C-suite executives are required to ensure compliance with country-specific guidelines. Through Wafeq, accounting has been simplified to ensure compliance with local regulations while giving business owners a single dashboard view of their finances across all their branches.

Gary Turner, formerly CEO of Xero’s operations in EMEA, added: “Having built and scaled financial software previously, I’m excited to back Wafeq, who is at the forefront of a significant shift in accounting practices in the GCC. I’m eager to support their journey as they empower businesses with modern, compliant, and user-friendly accounting solutions.”

Empowering SMEs with Innovative Solutions
Today, Wafeq targets SMEs with its accounting software across a diverse range of industries, and large companies with its e-invoicing compliance and accounts payable automation solutions. Some notable clients include category-leading businesses such as Tabby, AlManea, Platinumlist, Virtuzone, and LikeCard. With a suite of tools to empower business owners to stay compliant with accounting policies, Wafeq’s platform includes features such as ZATCA-compliant e-invoicing, payroll, purchases, VAT reporting, and many more.

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As data growth pressures companies to juggle multiple on-premises and cloud systems, Tiger Technology’s hybrid cloud approach offers cost-efficiency, accelerated data access, and resilience during cloud transitions.

With 65% YoY revenue growth, 300% pipeline increase, and most of the revenue coming from US-based customers, the company addresses the cloud storage services at a turning point when it’s expected to reach $137 billion by 2025.

The new funding will fuel Tiger Technology’s expansion into key global markets and support R&D. Tiger Technology offers an advanced, yet easy way to replicate or extend local storage to the cloud with no downtime, no costly hardware updates or infrastructure changes.

Efficient storage for data-intensive industries: Tiger Technology cuts data storage costs by up to 90%, while preserving native formats and avoiding vendor lock-in. As companies generate massive data, they need efficient storage for real-time access and long-term retention. Hybrid cloud optimizes local hardware and leverages offsite cloud benefits.

Security and compliance for critical infrastructure: Tiger Technology offers intelligent tiering and replication for data resilience and protection, essential for minimizing downtime in regulated, high-risk industries like transportation, healthcare, and surveillance. Major clients, including international airports, use Tiger Technology’s solutions to safeguard against hardware failures and ensure system accessibility.

“Hybrid cloud provides the best of both worlds, and reduces the risks associated with a full migration to the cloud, providing a more strategic and manageable transition path,” says Alexander Lefterov, co-founder and CTO.

The team behind Tiger Technology is uniquely positioned to drive hybrid cloud transformation, blending extensive industry expertise with a strong record of entrepreneurial success.

Iraván Hira, CEO, brings extensive experience from his leadership roles at Hewlett Packard Enterprise and the Financial Times, where he directed large-scale projects and enterprise solutions. Alexander Lefterov, CTO and founder, has a strong entrepreneurial background with multiple successful startups and has completed entrepreneurship programs at Stanford and Harvard. Mila Petrova, COO, ex-CEE Operations Manager at Shell, specializing in strategy and consultancy.

On top of the founders’ extensive experience, Tiger Technology has also attracted key board members: Krassimir Piperkov, Chairman of the Board, brings Silicon Valley experience as a co-founder of Enview; Momchil Vassilev, Board Member and the Managing Director of Endeavor Bulgaria; Lubo Minchev, founder of Telelink.

Tiger Technology has expanded its client base across the U.S., where it generates 60% of revenue, UK, DACH, and MENA, showing maturity to cater to international markets and adaptability to diverse international compliance and operational needs.

The scale-up is already on the radar of global tech investors, enterprises, and governments, serving sectors like surveillance, digital pathology, media, and public services, where data-heavy workflows demand compliant, seamless storage and real-time access.

Backed by investors like Impetus Capital, Telelink Investments, and MFG Invest, Tiger Technology aims to use new funding for further innovation and expansion, especially in markets with growing cloud adoption, which is appealing to investors seeking to support transformative, high-growth cloud infrastructure.

“Tiger Technology’s growth trajectory aligns with significant market predictions, with 70% of IT leaders expected to implement hybrid cloud storage solutions by 2027. The combination of customer-centricity, mission-critical deployments, and established global footprint is what has attracted the attention of investors looking for high-impact investments in cloud infrastructure,”  says Iraván Hira.

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