Thursday January 9th, 2025
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UAE-Based Milkstraw AI Raises $600,000 in Pre-Seed Funding

Milkstraw Ai’s platform automates cloud cost management, helping companies cut inefficiencies and focus on core operations.

Hassan Tarek

UAE-Based Milkstraw AI Raises $600,000 in Pre-Seed Funding

MilkStraw AI, a software company specializing in intelligent cloud cost optimization, has secured $600,000 in pre-seed funding. The funding round, led by Flat6Labs, included contributions from Angel Spark, Beyond Capital and several prominent angel investors. The investment aims to support MilkStraw AI's efforts to streamline cloud cost management for fast-growing businesses.

Since its launch in April 2024, MilkStraw AI has secured major regional clients such as Magnitt, Voltlines, Netwatch, Floranow, MakanE and IdenTV. The company's platform addresses the challenges of  managing cloud infrastructure costs by automating the process, allowing companies to reduce inefficiencies and focus on their core operations.

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

The funding round attracted numerous prominent regional angel investors 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.

Milkstraw AI plans to use the funding to expand its engineering and development teams, accelerate product innovation, enhance customer support and strengthen its presence across the MENA region.

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