Tech Company Financing Transactions
Toolmart Funding Round
Toolmart closed a $2 million Seed financing round on 5/26/2025. Backers included Plus Venture Capital, Oasis500 and private investors.
Transaction Overview
Company Name
Announced On
5/26/2025
Transaction Type
Venture Equity
Amount
$2,000,000
Round
Seed
Investors
Plus Venture Capital (Lead Investor)
Proceeds Purpose
The company intends to use the funds to support its continued growth, expanding its team, and increasing its presence to new markets across the Middle East.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
Al Majal Business Park, AlSharekat St., Burjesia
Basra, Undisclosed
IQ
Basra, Undisclosed
IQ
Phone
Website
Email Address
Overview
At Toolmart, we are committed to providing a curated selection of innovative and stylish products that enhance everyday life. Founded in 2024 in Amman by Field Energy, our mission is to deliver quality and functionality through our unique offerings. Our best-selling items, including our signature "Tester" collection, embody our commitment to innovation and functionality.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Founder
Shawkat Shegem
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Where The Data Comes From
We report on funding rounds that are announced publicly. VC transactions on this site are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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