Badia Impact Fund Leads a Series A Financing Round for Wysada (MENA)
Early stage technology investor Silicon Badia has led a Series A financing round of more than US$5 million for Jordan-based online retailer Wysada. The transaction was structured through Silicon Badia’s Badia Impact Fund. The round also included participation from new and existing investors from the Gulf Cooperation Council countries. Wysada intends to use the funding to expand its operations in Jordan, the United Arab Emirates and Saudi Arabia.