# Opontia Pte.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/opontia-pte

- Industry: Retail
- Headquarters: Dubai, United Arab Emirates
- Website: www.opontia.com
- Latest round: Series A (Dec 8, 2021)
- Investors on record: 8

## About

Based in Dubai, United Arab Emirates, and founded in 2021, Opontia Pte. Ltd. is the next-generation e-commerce holding group in Eastern Europe, Turkey, The Middle East, & Africa. They acquire, operate, and scale outstanding e-commerce brands with superstar products. They buy businesses with a long-term competitive advantage and strong home-grown brands. The company knows that selling a business can be stressful and difficult, which is why they have streamlined the process so that you can receive money in your account within just 6 weeks of starting the process. The company was founded by Philip Johnston and Manfred Meyer.

Opontia Pte. Ltd. enables e-commerce entrepreneurs to realize the full potential of their brands, both in terms of getting an exit as well as profiting from future growth. Furthermore, it aims to nurture and build the entrepreneurial e-commerce ecosystem in the region.

## Funding rounds

- Series A, Dec 8, 2021 — Global Founders Capital, RAED Ventures, VentureSouq, STV, Upper90
- Seed, Jun 3, 2021 — Global Founders Capital, RAED Ventures, MPGI, Kingsway Capital, Presight Capital

## Investors

- Global Founders Capital (https://capitalatlas.ai/funds/global-founders-capital) — Seed, Series A
- RAED Ventures (https://capitalatlas.ai/funds/raed-ventures) — Seed, Series A
- MPGI — Seed
- Kingsway Capital (https://capitalatlas.ai/funds/kingsway-capital) — Seed
- Presight Capital — Seed
- VentureSouq (https://capitalatlas.ai/funds/venturesouq) — Series A
- STV (https://capitalatlas.ai/funds/stv) — Series A
- Upper90 (https://capitalatlas.ai/funds/upper90) — Series A