Kuwait’s Mojo raises seven-figure Seed round

Kuwait’s Mojo raises seven-figure Seed round

Kuwait-based social commerce Mojo has raised a seven-figure Seed round, led by existing pre-Seed investors, Joa Capital and Emkan Capital, along with new investors, including Plus VC, Atyab Al Marshoud, Wahed Invest, and other angel investors.

Founded in 2022 by Abdulaziz Al-Bahar and Nadia Al-Hamad, Mojo’s platform allows users to explore a diverse range of beauty, skincare, and wellness offerings, earn rewards, and share their reviews and recommendations.

New funds will be deployed to double down Mojo’s technology stack, hiring new talent and expanding its footprint into Saudi Arabia and beyond.

Press release:

Mojo, the region’s leading social commerce company dedicated to beauty, skincare, and wellness, is thrilled to announce the successful closure of its oversubscribed seven-figure Seed Round. The round, led by prominent investors, marks a significant milestone in Mojo's journey to redefine social commerce in the beauty and wellness space.

The round includes participation from existing pre-seed investors, Joa Capital and Emkan Capital, as well as new participation by leading regional investors such as Plus VC, Atyab Al Marshoud, Wahed Invest, and several strategic angel investors who have invested in successful startups. 

Launched in 2022 by Abdulaziz Al-Bahar, Founder and CEO, and Nadia Al-Hamad, co-founder and Chief Brand Officer (CBO), Mojo has embarked on