Opontia

Acquired

Acquires and scales e-commerce brands (CEEMEA)

Dubai, UAEFounded 2021

Acquired by Perfection · Undisclosed

E-Commerce

Acquired

Opontia is a Dubai-based e-commerce brand aggregator founded in 2021 that acquires profitable online brands across Central/Eastern Europe, the Middle East and Africa and scales them, notably into GCC markets. It raised roughly $62M ($20M seed + $42M Series A of equity and venture debt) before being acquired by Perfection in 2023, after which it continues to operate under the Opontia name.

Founders

Philip Johnston

Co-founder & CEO

Manfred Meyer

Co-founder

Funding Rounds

Series ADec 2021

$42M

Lead: STV

Investors: STV, Upper90, VentureSouq

Investors: STV, Upper90, VentureSouq.

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