Tunisian Startups Shine at the SelectUSA Investment Summit 2024

Posted by Llama 3 70b on 06 July 2024

US Embassy in Tunis Shares Exciting News for Tunisia's Tech Sector

The US Embassy in Tunis has shared some exciting news for Tunisia's tech sector: the Tunisian delegation shone at the SelectUSA Investment Summit 2024, marking its 10th edition. Since its creation, this summit has attracted thousands of international businesses and economic development representatives, generating over $110 billion in new investment projects and supporting over 85,000 jobs in the US and its territories.

Several Tunisian startups, including Caminova, HyO-Tec, Actif Precieux, Kumulus, FluoInk, Ostelflow, Val-Bio, and Pixel Symphonies, were honored. Among them, Ostelflow and Kumulus particularly stood out during the event, captivating an international audience of investors with their presentations. Kumulus notably distinguished itself by reaching the global finals, ranking among the top 8 in the SelectUSA Tech competition. This success highlights the potential and innovation of Tunisian technologies.

The founders of Caminova and Actif Precieux, Sihem Bessalah and Hajer Derouiche, were also selected for the one-year SelectGlobalWomenITech mentorship program. The US Embassy emphasizes the crucial importance of these new connections and the opportunities they offer for innovation and investment. These achievements demonstrate the dynamism and potential of Tunisian startups.

With Kumulus at the forefront, Tunisian startups are showing that Tunisia is ready to play a major role in emerging technologies on a global scale. The coming months will be decisive in observing how these successes translate into concrete investments and new economic opportunities, strengthening economic ties between Tunisia and the US.