Designer glasses seller Eyewa raises $7.5 mln for its expansion in the MENA
Tuesday, 16 April 2019 15:52
Eyewa, a Dubai-based designer glasses online seller, raised $7.5 million during a funding round led by Wamda Capital.
During the round, Wamda Capital, which invests in tech firms operating in the MENA region, collaborated with six investors.
Eyewa will use the funds to increase its team and infrastructures as well as its expansion out of the UAE and Saudi Arabia.
The platform plans to enter the MENA region and to date, it has received a total of $8.6 million from investors.
Let’s note that in Morocco, the designer glasses market is estimated at MAD2 billion, according to a 2018 figure published by the Moroccan association of eyewear suppliers (association marocaine des fournisseurs d’optique).
Chamberline MOKO
Live News
-
Zambia, China Deepen Economic Ties During Li Qiang Visit
10:25
-
Nigeria’s Foreign Reserves Hit $46.7 Billion
10:19
-
Big Data Engineering Emerges as a Core Job in the Digital Economy
08:22
-
Guinean Graduate Mamadou Alpha Baldé Lands Tech Job After Cybersecurity Certification
08:03
-
MTN Cameroon Reports 20.4% Revenue Growth in First Nine Months of 2025
07:56
-
Morocco to Build Renewable-Powered Data Center and AI Institute in Dakhla
20:19
-
Senegal Orders Municipalities to Adopt Secure, State-Approved System for Citizen Data
20:09
-
Yves Kalonda Expands DRC’s E-Commerce Options With New Platform Yoteh
20:00
-
More Than 150 Entrepreneurs Expected at 2nd “Scale Up Ton Business” Forum in Douala
19:05
-
AGL, B2B’s Automobile Plan Dedicated Facility for After-Sales Services in Douala
19:00
DRC minister visited Huawei China center to boost AI training cooperation Talks focused on launch...
DRC met Alibaba, Isoftstone to discuss adapting China’s e-commerce model Joint working group ...
China says Premier Li Qiang will attend instead of President Xi Jinping The U.S. and Russia also ...
Ghana to allocate $2.8B in 2026 budget for major road infrastructure push Funding targ...
Powered exclusively by Rolls-Royce Trent 7000, delivering 14 % lower fuel burn per seat and f...
Chinese Premier Li Qiang visits Zambia to strengthen bilateral cooperation Talks focus on trade, investment, transport, energy, mining, and...
Companies lose up to 20% of annual revenue due to poor data management, driving demand for Big Data engineers. Big Data engineers earn...
MTN Cameroon generated 9.87 billion rand (CFA321 billion) in revenue in the first nine months of 2025, up 20.4% year-on-year. The subsidiary...
Gabon launched a $180 million, 10-year conservation plan to protect 34,000 km² of tropical forests. The “Gabon Infini” program will raise...
Orange Egypt and Qatar’s Qilaa International Group have partnered to develop WTOUR, a digital platform offering trip planning, hotel bookings, local...
Singita will invest $60m to build a 60-bed lodge on Santa Carolina Island and $42m in projects across the Bazaruto Archipelago. The...