Egyptian esports and gaming community GBarena has raised seed funding from Cairo-based investor HIMangel, the startup has revealed.
The startup made the announcement in a blog post early last month. It did not disclose the size of the investment.
While both GBarena and HIMAngel did not respond to comment by the time of publication, the startup told Egyptian publication Menabytes last Tuesday (26 March) that the investment was a six-figure (US Dollar) transaction and that it is part of their ongoing seed round that they aim to close in the next six months.
Menabytes quoted Wagdy as saying that the company plans to use the investment for further development and to, expand their team, and to increase user numbers.
Egyptian gaming community GBarena has raised seed funding from Cairo-based investor HIMangel, the startup has revealed
The startup was founded in 2015 by Samer Wagdy, Mustafa Zaza (