Saudi-Based Glamera Secures $350,000 Investment
For Glamera, the investment will back its plans to fuel expansion and innovation.
Saudi Arabia-based SaaS platform Glamera has raised $350,000 in an investment round facilitated through Beban, the region's entrepreneurship-themed reality television show and private-public investment platform. The investment is led by Hope Ventures, the investment arm of the Hope Fund.[1]
Founded in 2019 by Mohamed Hassan and Omar Fathy, Glamera serves as a platform that empowers lifestyle service providers with comprehensive support and resources.
Through strategic partnerships with entities such as the Khalifa Fund for Enterprise Development (UAE), the SME Development Authority (Oman), GFH Capital (Saudi Arabia), Zain Kuwait, the Sabah Al Ahmad Center for Giftedness and Creativity (Kuwait), and the Labor Fund Tamkeen (Bahrain), Beban serves as a catalyst for economic growth and innovation.
Season 3 of Beban, filmed at the Exhibition World Bahrain (EWB), has provided a platform for 41 businesses from across the region to showcase their potential and secure vital investment and strategic partnerships.
For Glamera, the investment will support its plans to fuel expansion and innovation.