MilkStraw AI raised $600K Pre-seed funding to support MENA expansion plans
The intelligent cloud cost optimization software pioneer MilkStraw AI announced today that it has raised $600,000 in pre-seed funding. Angel Spark, Beyond Capital, and other prominent angel investors participated in the round, which was led by Flat6Labs. The investment will hasten MilkStraw AI’s objective to revolutionize the way rapidly expanding businesses optimize and manage their cloud infrastructure expenses.
The platform from MilkStraw AI tackles the intricacy and ineffectiveness of cloud cost management, a significant issue confronting contemporary enterprises. The business has drawn hundreds of customers since its April 2024 launch, including well-known local tech firms like Magnitt, Voltlines, Netwatch, Floranow, MakanE, and IdenTV.
“Companies shouldn’t waste valuable engineering time manually optimising cloud costs when they could be building products and driving innovation,” said Jawad Shreim, CEO of MilkStraw AI. “Our platform automates this process, allowing teams to focus on what truly matters—creating impact through their core business.”
The funding round attracted significant interest from experienced technology leaders and entrepreneurs. Notable angel investors include:
- Karim Chouikri, Former CEO at Emakina
- Ghassan Halawa, Founder & CEO of Parachute16
- Mahesh Murthy, Founder of Pinstorm
- Imad Ghazareddine, Founder & CEO of Mamo
- Hisham Abu Bakr, Founder & CEO of Dimitries
“MilkStraw AI’s approach to cloud cost optimisation represents the future of infrastructure management,” said Mohanad Elhartany, Senior Investment Associate at Oraseya Capital, previously at Flat6Labs at the time of investment. “Their rapid customer adoption and innovative technology platform demonstrate the significant market need for their solution. We’re excited to support their growth and vision for transforming how companies handle cloud costs.”
The pre-Seed funding will enable MilkStraw AI to:
- Expand its engineering and development teams
- Accelerate product development and feature releases
- Enhance customer support capabilities
- Expand market presence across the MENA region
