Tunisian team collaboration startup Cynoia raises $930k for West African expansion

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Tunisian team collaboration startup Cynoia has raised EUR850,000 (US$930,000) in funding for expansion into West African Economic and Monetary Union (UEMOA), chiefly Senegal and Ivory Coast.

Founded in 2022 by Nasreddine Riahi and Ayoub Rabeh, Cynoia aims to simplify and optimise collaboration within companies. Its platform consolidates a comprehensive suite of essential tools, encompassing everything from chat and video conferencing to email and calendar management, document handling, and project management.

The startup has over 3,000 users across nine countries, and is now planning further expansion after securing funding United Gulf Financial Services, 216 Capital Ventures, and Bpifrance. Cynoia is targeting growth in UEMOA markets, with a strategic emphasis on Senegal and Ivory Coast. 

“We share a common vision with our partners, which is to enhance collaboration and productivity within teams by centralising various tools and features within a single platform,” said Riahi.

“What makes Cynoia stand out is its strategic positioning in the global market of high-performing collaboration tools. Their potential for international growth is further underscored by their robust team – a promising formula for future success,” said Dhekra Khelifi, partner at 216 Capital.

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Passionate about the vibrant tech startups scene in Africa, Tom can usually be found sniffing out the continent's most exciting new companies and entrepreneurs, funding rounds and any other developments within the growing ecosystem.

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