Data startup Lune raises $850,000 pre-Seed round

  • Date: 27-Oct-2022
  • Source: Wamda
  • Sector:Technology
  • Country:UAE
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Data startup Lune raises $850,000 pre-Seed round

Press release 

Lune – a UAE-based data start-up co-founded by Helal Tariq Lootah, an Emirati entrepreneur, and Alexandre Soued – today announced it has successfully raised USD850,000 in its pre-seed round backed by Dubai Future District Fund (DFDF), Flat6Labs, and several angel investors. The company, which unlocks unprecedented insight from consumers’ financial transactions, already operates across the UAE, Saudi Arabia and Bahrain and will leverage the cash infusion to scale across the entire GCC by the end of the year.