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Sunday, 27 June 2021

Minly closes USD 3.6 mn seed round, eyes regional expansion

Customized celeb video platform Minly closed a USD 3.6 mn seed round co-led by 4DX Ventures, B&Y Venture Partners, and Global Ventures, according to a press release (pdf). The oversubscribed round also included regional funds and a number of angel investors. Minly was launched in 2020 and allows fans to request personalized videos from celebrities, influencers, or musicians for a price — similar to the US’s Cameo. Minly now has a diverse roster of talents that include Tamer Hosny, Hazem Imam, and Sawsan Badr. The funding will be used to scale across the region and introduce a suite of new products, said co-founder Mohamed El Shinnawy.

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