The funding was led by the 212Founders program and backed by Kima Ventures and others.
Founded in 2021, Crealo aims to ease the often bureaucratic process of managing artistic rights.
Their online platform caters to institutions of all sizes, from prominent galleries like Palais de Tokyo to smaller publishers. Features like streamlined royalty distribution and frequent settlements.
This funding round is more than just a financial win as it will fuel Crealo’s ambition to become the go-to solution for Europe’s cultural and creative sector.
The company plans to use the money to upgrade its platform, forge strategic partnerships, and expand its team.
The 212Founders program, a dedicated supporter of Moroccan entrepreneurs, played a key role in securing the funding. Their investment of 4.9 million dirhams reflects their commitment to nurturing innovation and driving economic growth in the country.
“We are delighted to partner with ISA to support the development of solar energy in Africa,” said Alain Ebobissé, CEO of Africa50. “This partnership will help to accelerate the deployment of solar energy in Africa and improve the lives of millions of Africans,” he added.
OmniRetail, a Nigerian startup helping informal retailers manage supply chains digitally, has secured $20 million in Series A funding.
EchoVC, a leading pan-African venture capital firm dedicated to empowering underrepresented founders and underserved markets, has announced the launch of its latest pre-seed fund, EchoVC Eco Pilot Fund I.
Cairo-based venture capital firm Sawari Ventures has announced a plan to launch a new $150 million investment fund dedicated to supporting Egyptian startups.
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