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…