GBarena, a Cairo-based gaming and tournament platform, has secured a six-figure pre-Series A funding round led by angel investors Ahmed Aboudoma, Kushal Shah, and the HIM Angels network. GBarena will use the new funds to develop and generate new services, such as a digital store integrated with a unique GBarena coin currency that will allow gamers to purchase in-game items directly from the platform.
GBarena aims to create an online gaming community connecting gamers with tournament organizers and providing them with a platform that helps them manage their tournaments through fully automated processes. Gbarena’s revenue-generating opportunity lies in the intricacy of its data analytics, helping brands reach their filtered target audiences based on user demographics and activity.
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