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STEP Group Raises US$2 Million Series A Round from Wamda Capital, Equitrust and Others (MENA)

U.A.E.-based media platform and events company STEP Group has raised a US$2 million Series A round from MENA-focused venture capital firm Wamda Capital, U.A.E.-based investment company Equitrust, international venture capital firm North Base Media and Dubai Silicon Oasis Authority. STEP Group operates various English- and Arabic-language media outlets, as well as entrepreneurship and music conferences. The company plans to use the funds to expand its user base and content