Tunisia’s Cynoia Secures $933K Funding Round

216 Capital leads an investment fund of $933,000 in Tunisian startup Cynoia. The funding aims to propel Cynoia’s expansion into European and African markets.

The funding round was led by 216 Capital and bolstered by contributions from United Gulf Financial Services and Bpifrance. 

The Tunisian startup was founded in 2022 by entrepreneurs Naserddine Riahi and Ayoub Rabeh. 

Cynoia works on simplifying digital and organizational collaboration within businesses.

The startup sums up communications from chat and video conferencing to email, calendars, documents, and project management, Cynoia’s all-encompassing platform consolidates communication tools into a simplified and enhanced user experience.

Cynoia has over 3,000 users across 9 different countries.  

Earlier this March, Cynoia raised $660,060 in seed funding from 216 Capital and two other investors.