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Resal Raises $9M in Funding

FinSMEs

Resal, a Jeddah, Saudi Arabia-based provider of an e-gifting platform, raised $9M in funding. Backers included Derayah Ventures Fund, Al-Wafrah AlThanya Investment Company, Venture Souq FinTech Fund, ADDiriyah Asset Management, Nomad Holdings, Bugshan Investment Group, and several family offices, along with other angel investors.

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Fairlyne Raises $3M in Seed Funding

FinSMEs

Fairlyne, a Paris, France-based Resale-as-a-Service platform for the travel industry, raised $3m in seed funding. The round was led by Speedinvest with participation from Evolem, Kima Ventures, FJ Labs and several business angel investors.

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SuperAngel.Fund x Q4 2023 Recap ?

SuperAngel.Fund

Personally, I’ve spent a good amount of time, when presented with the opportunity, to educate my friends, family, extended network and aspiring angel investors, that this is simply not true. After all, one of the biggest mistakes that I see first time angel investors make is to invest too much money into too few companies.