Tech Company Financing Transactions
Anghami Funding Round
Anghami closed a $5 million venture capital round on 8/22/2023. Backers included SRMG Ventures.
Transaction Overview
Company Name
Announced On
8/22/2023
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to accelerate its growth by creating new experiences for users and opportunities for artists, and collaborating to expand the legal consumption of music and audio content in the MENA region.
Company Information
Company Status
Private & Independent
Industry
Entertainment
Mailing Address
Dubai Internet City, Building 17, Office 254 16-122 16, Wewo
Abu Dhabi, Undisclosed
UAE
Abu Dhabi, Undisclosed
UAE
Phone
Undisclosed
Website
Email Address
Overview
Anghami (Arabic: ???????) is the first legal music streaming platform in the Middle East and North Africa, giving more than 70 million users in MENA, Europe and USA, access to over 57 million Arabic and International songs to stream and download, in addition to around two hundred thousand Arabic and International podcasts.
Management Team
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Where The Data Comes From
We do our best to document tech company VC transactions. VC investment data records reported here are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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