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Wednesday, 18 November 2020

Egyptian startup Wuilt raises USD 535k in seed funding

STARTUP WATCH- Arabic language website builder Wuilt has raised USD 535k in a seed funding round that included VC Daal in KSA as well as follow-up funding from Flat6Labs, according to Magnitt. “The new capital will be deployed to deepen its capabilities and expand its footprints in the Kingdom of Saudi Arabia, which comprises nearly 30% of its customer base,” Magnitt said. Co-founded by the trio Ahmed Rostom, Mohamed Hegazy, and Mahmoud Metwaly, Wuilt provides a simple interface that folks who can’t code can use to build their own websites. The company joined Flat6Labs’ Cairo accelerator in 2019, where it doubled its user base to 30k users in Egypt and Saudi Arabia.

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