Galactech raises investment from Oman Technology Fund

Galactech raises investment from Oman Technology Fund

Tunisia-based Galactech has closed a six-figure investment in its pre-Series A round from Oman Technology Fund (OTF) and other business angels.

The startup, which aggregates entertainment content and services like video games for mobile devices will use the investment to launch a series of VAS gaming services in the Middle East and North Africa and expand into international markets.

Galactech had previously raised a $200,000 seed round from OTF and is a graduate of the Orange Fab Tunisia accelerator programme.  

"[Galactech] will be the stage on which local talent can develop and showcase their skills,“ it said in a statement. "Galactech gives developers the chance to make more profit and monetise their games by publishing them on the portal, beyond traditional outlets such as the Play Store and App Store.“