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Tunisia: VC firm 216 Capital leads €850,000 funding round for startup Cynoia

Joseph Nchor by Editorial Staff
November 30, 2023
in Technology
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Venture capital firm 216 Capital has announced that it has invested in start-up Cynoia to support its international expansion, with a €850,000 (equivalent to nearly 2.9 million dinars) funding round led by 216 Capital, United Gulf Financial Services and Bpifrance, a crucial step for the startup.

In the financial world, a funding round consists of a number of investors collectively contributing amounts to a company’s capital, often for capital increases or equity investments.

Founded in…



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