UAE: Oraseya Capital invests in seven technology startups through SANDBOX
Summary
The high level of interest in its SANDBOX programme, as well as the many innovative and creative ideas and ambitious projects, reflect the long-term importance of this strategic initiative in promoting the growth of small and medium-sized enterprises in various sectors. Seeking to change the reality and future of the advanced and modern technology sector, we look forward to realizing new levels, all in line with our efforts towards enhancing the competitiveness of Dubai in terms of attracting and financing technology startups, bolstering its stellar reputation as a destination for global investments, he added.Hassan Waheed said that in addition to these new investments, Oraseya Capital has strengthened its efforts by leading an investment round in Growdash, a Dubai-based SaaS platform that specializes in empowering the marketing and operations efforts of restaurants, as well as building, implementing, and managing their growth strategies through digital sales channels. Were excited to apply these insights as we move forward.Alex Epure, CEO and Co-founder of Qureos, said: The SANDBOX Accelerator programme is very well structured with lots of value. Its backed by Oraseya Capital which can follow on future investment rounds which is not always the case with other programmes.SANDBOX is a 5-month Accelerator programme spanning 2 phases. The SANDBOX programme encourages a mindset of experimentation and is focused heavily on revenue generating activities and well as further fundraising efforts.