Badia Impact Fund and Jabbar Internet Group Invest US$2 Million in ArabiaWeather (MENA)
Source: ArabiaWeather
Badia Impact Fund, part of the global group of venture funds managed by Silicon Badia, has led a US$2 million financing round for Jordan-based provider of weather products and services ArabiaWeather. Existing investors including technology company Jabbar Internet Group, early-stage investor Dash Ventures and angel fund MENA Venture Investments also participated in the round. The company seeks to expand its reach in the enterprise space and consolidate its market position in the consumer space.