Tunisian Game Publishing Startup, Galactech, Secures Funding From GO-Ventures

Galactech, a game publishing startup, located within the Megrine Business Center, has won the first edition of a challenge organised by Tunisie Telecom (Tunisia’s state-owned telecom company) in partnership with Go-Ventures — the Tech-startup fund of Go Malta, a subsidiary of Tunisia Telecom. The challenge was intended to support Tunisian startups in their quest for international markets, especially as it concerns giving them access to the European market. 

Galactech
Galactech

Several “labelled” Tunisian startups took part in the competition. A total of 5 Tunisian startups were, however, selected following a review of proposals by Go Ventures representatives. The startups include:

  • Kiwi Software: Innovative software for SMEs: billing, CRM, HR management.
  • Galactech: e-sport & gaming aggregation.
  • Historiar: VR/AR applied to cultural tourism (with the use of AI).
  • Tledger: Fintech (digital payment, crowdfunding, digital identity).
  • UTIK: Monetizing the digital customer experience using AI to deliver new products.

After further evaluating the proposals of the startups, Galactech was announced the winner of the challenge.

Read also:Egyptian Fintech Startup, Kashat, Secures Funding From Cairo Angels

Consequently, the startup will be awarded the following prizes: 

  • 10,000 DT ($3.6k), offered by GO Malta. 
  • The opportunity to have its product reviewed and validated by GO Malta on a commercial level.
  • The opportunity for GO-Ventures to invest up to 100,000 TND ($36k) in the startup.

Tunisia’s Startup Label is a label of merit granted to any company under Tunisian law that meets the criteria of labelling in terms of age, size, independence, innovation and scalability. This Label is the keystone to access the Startup Act universe which helps to make Tunisia a country conducive to Startups at the crossroads of the Mediterranean, the MENA region and Africa).

Galactech game Galactech game

Charles Rapulu Udoh

Charles Rapulu Udoh is a Lagos-based lawyer who has advised startups across Africa on issues such as startup funding (Venture Capital, Debt financing, private equity, angel investing etc), taxation, strategies, etc. He also has special focus on the protection of business or brands’ intellectual property rights ( such as trademark, patent or design) across Africa and other foreign jurisdictions.
He is well versed on issues of ESG (sustainability), media and entertainment law, corporate finance and governance.
He is also an award-winning writer