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Sunday, 9 October 2022

Glamera lands seed funding round

Egypt-born B2B beauty startup Glamera secured a USD 1.3 mn seed funding round led by Riyadh Angel Investors, with participation from Techstars Accelerator, Ithraa Capital, 100 Ventures, Silicon Valley Venture, Lucrative Ventures, and angel investors, according to a statement (pdf).

Where the money’s going: Glamera plans to use the investment to finance the launch of new services and expand to other unnamed Gulf markets, the statement says.

About the company: Founded in Egypt by Mohamed Hassan (LinkedIn) and Omar Fathy (LinkedIn) before relocating to Saudi Arabia, Glamera offers B2B services to businesses including salons, gyms, and spas in Cairo, Alexandria, and several Saudi cities. It also provides a B2B2C marketplace where customers can search for and book beauty and lifestyle appointments.

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