Modus invests $2.8M across 8 newly launched start-ups

👋 Say hello to Modus Capital’s 8 new shiny start-ups! The start-ups were built and launched as part of its Venture Builders programme.

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Altogether, they’ve invested $2.8M across these emerging companies.

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Modus runs a network of venture builders across the MENA region, funded by a $50 million Venture Builder Fund, with programs in Abu Dhabi, Riyadh, and Cairo.

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• Their nine-month venture-building program supports new and established founders with finance, mentorship, networking, and other resources.

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📝 Take note, these startups will be making headlines before you know it

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💄 JamaliBox: A monthly beauty box subscription service that delivers curated beauty, skincare, and hair care products across the UAE.

• Founder-check: Haydar Zayat started JamaliBox in 2022.

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🩺 MDBX Health: A Healthtech merging chronic condition care and medication management with a digital pharmacy linked to robotics.

• Founder-check: Sarah Miller started MDBX Health in 2022.

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💰 Monet: A revenue-based financing platform that allows companies to transform their revenue streams into upfront capital, instantly and without dilution.

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🌱 Oscar SDG: A tailored, automated sustainable procurement tool for the MENA region, considering local culture, business practices, and sensitivities.

• Founder-check: Abed Shawar started Oscar in 2022.

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👨🏼‍🏫 sevaschools: An app that is designed to imitate and simplify the creation of the KHDA process in a user-friendly, digital setting.

• Founder-check: Ahmad Abusalim started sevaschools in 2022.

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🤲🏻 Sinbad HQ: A KYC solution for Umrah and emerging markets, giving suppliers the ability to view key data about their pilgrims through its AI-powered verifications.

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💻 Stornest: A digital tool that helps individuals plan and store their legacy information and documents to which designated beneficiaries get access in case of an untimely passing.

• Founder-check: Stefan Handjiski started Stornest in 2018.

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🦷 Your Social Smile: A dental digital marketing tool that modernises dental experiences and helps improve communication and set procedural expectations between doctors and patients.

• Founder-check: Shuaib Khaderi, DMD started Your Social Smile in 2020.

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