Smpl Fund I, established with $10 million by Smpl Holdings, has announced a $250,000 investment in several AI and technology companies within the Qora71 portfolio.
The fund focuses on supporting AI startups in the Middle East and North Africa, providing both seed funding and strategic support.
Qora71’s portfolio includes over 50 tech companies, with recent investments in companies like Basetwo AI, zypl.ai, and Abwab.ai.