# Galactech

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/galactech

- Industry: Software
- Headquarters: Tunisia
- Website: www.galactechstudio.com
- Total disclosed funding: $0.2M
- Latest round: Seed (Jun 1, 2020)
- Investors on record: 1

## About

Galactech specializes in cloud computing solutions, offering services such as cloud hosting, dedicated servers, and domain registration tailored for businesses seeking scalable infrastructure.Founded in 2016 in Tunisia, Galactech provides cloud computing solutions. The company was acquired by GBarena, Inc. in January 2023 for USD 15 mn from Oman Technology Fund. The founder, Zouaghi Houssem, has experience in the tech industry, and the current CEO is Houcem Maiza. Galactech has completed three funding deals, with the most recent being an ADD-ON round led by GBarena, Inc., totaling USD 0.20 mn raised since inception.Galactech offers a comprehensive range of cloud computing services, including cloud hosting, dedicated server solutions, and domain registration. These services empower businesses to effectively manage their online presence, enhance data storage, and ensure high availability of digital services. The company primarily caters to customers in North America and Europe, including tech startups and established corporations, providing scalable solutions tailored to diverse operational needs.Galactech generates revenue through a structured model encompassing subscription-based services and direct sales of hosting products. Clients typically choose from various hosting plans, which can be structured as monthly or annual subscriptions. The company's pricing strategy accommodates different market segments, ensuring a steady transactional flow that fosters long-term client relationships and contributes to financial stability.In 2023, Galactech plans to leverage its recent acquisition by GBarena, Inc. to enhance its presence in Riyadh, Dubai, and Tunisia. The acquisition facilitates the introduction of new products designed to further support cloud services. With a focus on expanding into new markets, the company aims to strengthen its offerings in the Middle East and North Africa regions, utilizing the USD 15 mn funding from the acquisition to support these growth initiatives.

## Funding rounds

- Seed, Jun 1, 2020, $0.2M — Oman Technology Fund

## Investors

- Oman Technology Fund (https://capitalatlas.ai/funds/oman-technology-fund) — Seed