4 years ago

Splashlight Studios Raises $1 Million Seed Round from Eagle Ventures

  • Splashlight Studios, a young e-commerce digital solutions provider, has raised $1 million in Seed funding from Eagle Ventures, a Dubai-based fund

  • The funding will be used to fuel Splashlight Studios' entry into the Saudi Arabian market, which is a huge and exciting market for the company

  • The company has seen hockey-stick growth in e-commerce accelerated by COVID, and the e-commerce revenue in the UAE alone is projected to touch $12 billion by 2025.

      • ProblemTechnology

      "E-commerce businesses in the MENA region need help setting up and managing their online presence, especially as the market grows rapidly."

      Solution

      "Splashlight Studios provides digital solutions for e-commerce businesses, helping them launch and manage their online stores. They are expanding into new markets like Saudi Arabia to capitalize on the growing e-commerce demand."

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