• Bahrain-born edtech startup Unipal has raised a Pre-Series A investment round at an undisclosed value, backed by Falak Angels Syndicate members.
• Founded in 2020 by Ali Alalawi and Ali Al Shaer, Unipal offers an online education application to provide special offers and discounts to university students on a variety of products. 
• Unipal claims to have served 60,000 users and over 350 brand partners in Bahrain, with rapid growth in Riyadh, achieving 160,000 users and 250 brand partnerships within just eight months.
•  In July 2023, Unipal raised a $500,000 follow-on investment from Tenmou and Flat6labs, with participation from GTS and angel investors. 

Press release:

Unipal, the leading platform for innovative solutions for university students, has successfully raised its Pre-Series A investment round, joined by Falak Angels Syndicate members. This investment marks a strategic milestone in strengthening Unipal’s position as one of the top providers of student-centric services across the Middle East and Africa.

Unipal offers a unique platform that combines technology and innovative design to deliver exclusive discounts and personalised offers for students in restaurants, cafes, electronics, and sports. With a strong foothold in Bahrain, boasting 60,000 users and over 350 brand partners, Unipal is also experiencing rapid growth in Riyadh, achieving 160,000 users and 250 brand partnerships within just eight months.

“This investment reflects our commitment to empowering impactful startups that deliver tangible solutions,” said Adwa Aldakheel, CEO of Falak Investment Hub. “Unipal is more than a discount platform; it’s a partner for brands aiming to connect with influential youth and a supporter of students enhancing their daily lives.”

This investment underscores Falak Angels’ role in driving innovation and growth for promising startups in the region. By providing strategic resources, Falak Angels helps startups achieve measurable impact and sustainable results.