MilkStraw AI raises $600,000 pre-seed round

NOHA.GAD
Jan 8, 2025

Dubai - Sharikat Mubasher: MilkStraw AI, a leading intelligent cloud cost optimization software company headquartered in the UAE, secured $600,000 in a pre-seed funding round led by Flat6Labs, with participation from Angel Spark, Beyond Capital, and notable angel investors.

In a statement, MilkStraw AI revealed that it will use the funding to accelerate its mission to transform how fast-growing companies manage and optimize their cloud infrastructure costs.

MilkStraw AI addresses a critical challenge facing modern businesses: the complexity and inefficiency of cloud cost management. Since its launch in April 2024, the company has attracted hundreds of clients, including prominent regional technology companies such as Magnitt, Voltlines, Netwatch, Floranow, MakanE, and IdenTV.

Jawad Shreim, CEO of MilkStraw AI, said: “Companies shouldn't waste valuable engineering time manually optimizing cloud costs when they could be building products and driving innovation. Our platform automates this process, allowing teams to focus on what truly matters—creating impact through their core business.”

Notable angel investors, experienced technology leaders, and entrepreneurs participated in the round, including Karim Chouikri, Former CEO of Emakina, Ghassan Halawa, Founder and CEO of Parachute16, Mahesh Murthy, Founder of Pinstorm, Imad Ghazareddine, Founder and CEO of Mamo, and Hisham Abu Bakr, Founder and CEO of Dimitries.

This funding round will enable MilkStraw AI to broaden its engineering and development teams, accelerate product development and feature releases, and Enhance customer support capabilities.

Moreover, the funding will help MilkStraw AI expand its market presence in the Middle East and North Africa (MENA) region.


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