• PLATMA raises USD 2.2 million in pre-seed funding to support its expansion into the MENA region, aiming to cater to the growing demand for digital solutions.
• Investment will focus on scaling operations, product development, and strategic partnerships, with the goal of tailoring solutions to meet the unique needs of the MENA market.
• The platform’s expansion aligns with the MENA region’s digital transformation initiatives, as governments and businesses increasingly prioritize innovation and tech adoption.

PLATMA, an emerging technology company, has raised USD 2.2 million in pre-seed funding as it gears up to expand into the Middle East and North Africa (MENA) region.

The investment marks a significant step in the company’s journey to establish a strong foothold in the rapidly evolving MENA market, which has seen increasing demand for innovative tech and digital solutions.

Strategic Investment Partners

The round also saw support from Estonia-based Startup Wise Guys, Azerbaijan’s CAUCASUS VC, and venture investors from Kazakhstan, such as Tumar Venture Fund, MOST Ventures, ACTIVAT VC, and angel investor Murat Abdrakhmanov.

Aligning with Regional Vision for Digital Transformation

Additionally, the company plans to use part of the investment to accelerate its product development and build local teams to ensure a tailored approach to the region’s specific business needs.

“The MENA region is a strategic priority for PLATMA as businesses here increasingly seek innovative solutions for digital transformation. Our platform’s ability to convert natural language into functional business applications aligns with the region’s vision for technological advancement and economic diversification,” said Yaroslav Kologryvov, Co-Founder of PLATMA.

Capitalizing on MENA’s Digital Surge

The expansion into MENA comes at a time when the region is experiencing a surge in digital transformation initiatives, driven by government reforms, increasing tech adoption, and a booming startup ecosystem.

With this funding, PLATMA aims to strengthen its presence in the region’s tech landscape, which has seen significant investments from both local and international firms.

“Our platform’s ability to convert natural language into functional business applications aligns with the region’s vision for technological advancement and economic diversification,” said Kologryvov.