XPLOR raises $3Mn in new funding round led by Ayana Holding

XPLOR raises $3Mn in new funding round led by Ayana Holding

The company plans to leverage the potential of emerging technologies like blockchain to offer solutions to issues faced by service providers and consumers

XPLOR, a tech start-up seeking to revolutionize the real estate and construction sectors in the Middle East and North Africa, has raised $3 million in a new funding round led by Anaya Holdings.

Utilizing these funds, XPLOR plans to boost its growth and expansion and step up its endeavors to develop future technologies that will help improve operational efficiency in various asset classes. The company will leverage the potential of emerging technologies like blockchain to offer solutions to key challenges encountered by customers and service providers.

According to Can Turkan, Founder of XPLOR, their firm is thrilled about the prospects of increased focus on digitization and are confident that the new funding will incentivize their pursuit of innovations and enable creating a meaningful impact on the regional real estate industry.

Mr. Turkan expressed that most investors in the real estate sector make decisions after seeing the project in person, however, their software truly outdoes this experience.

Incidentally, the new funding comes in line with blockchain disrupting the real estate sector and reshaping various aspects of business and operations like KYC, contract management, and transactions, among others. With this funding, XPLOR is riveted on capitalizing on the potential of transitioning to a blockchain-enabled, truly electronic industry.

Rejoicing on the success of the Hope Probe Mars Mission, XPLOR has developed an innovative and miraculous masterplan on the Red Planet. As per sources, visitors to the company’s website have a look at the 360° tour of projects like ‘Mars Marina’, ‘Burj Mars’ and ‘Mars Opera’, to understand the mission via an interactive journey and get a sense of life on the red planet.

Source Credit: https://www.zawya.com/mena/en/press-releases/story/XPLOR_raises_3_million_in_new_funding_with_Ayana_Holding_as_lead_investor-ZAWYA20210214123854/