Millesima Technologies, a Tunisian start-up registered under the StartupAct and specialising in data technology, streaming video, and VOD, has announced a 1.5 million dinar (USD 480K) fundraise. Funds raised from BH Equity, a venture capital investment company subsidiary of BH BANK that has been operating in private equity since 1997, and from a private company, will contribute to the launch of the MYVIOO platform. The platform will allow companies and organisations to have one or more VOD channels (videos on demand) and live streaming that is 100% customizable and private. Channels can be accessed for a fee or for free. The latter, in particular, allows the channel’s owners to handle 100% of the advertising space.
Video was estimated to account for more than 82% of all internet traffic worldwide in 2022.
Read also Egyptian Fintech Fawry Teams Up With Classera To Revolutionise Edtech In Egypt
MYVIOO, the first platform of its sort in Tunisia, was created in response to this.
Millesima Technologies Millesima Technologies
Charles Rapulu Udoh
Charles Rapulu Udoh is a Lagos-based lawyer, who has several years of experience working in Africa’s burgeoning tech startup industry. He has closed multi-million dollar deals bordering on venture capital, private equity, intellectual property (trademark, patent or design, etc.), mergers and acquisitions, in countries such as in the Delaware, New York, UK, Singapore, British Virgin Islands, South Africa, Nigeria etc. He’s also a corporate governance and cross-border data privacy and tax expert.
As an award-winning writer and researcher, he is passionate about telling the African startup story, and is one of the continent’s pioneers in this regard