Online interior design portal picks up new funds

Dubai

The Lebanon based online interior design platform Moodfit has closed a seed investment worth upwards of $400,000 (Dh1.47 million) from Seeders Angel Group and including IM Capital,

Impact Fund by Middle East Venture Partners (MEVP) and iSME Capital. The investment comes after more than a year of operating in Beirut and Dubai. This round also coincides with several significant investments in similar companies in the US such as Havenly and Modsy. Moodfit was founded in Lebanon in 2016 as a platform that offers an online home furnishing and decoration service from professional interior designers. (Staff Report)