MilkStraw AI Secures $600K for MENA Cloud Cost Optimization Expansion
MilkStraw AI, a pioneering company specializing in intelligent cloud cost optimization, has secured $600,000 in pre-seed funding. This significant investment, led by Flat6Labs and supported by Angel Spark, Beyond Capital, and several prominent angel investors, will accelerate MilkStraw AI’s expansion plans across the Middle East and North Africa (MENA) region.
Founded in 2024 by Jawad Shreim, MilkStraw AI addresses a critical challenge facing modern businesses: the complexity and inefficiency of cloud cost management. The company’s platform automates and optimizes cloud infrastructure costs, helping fast-growing companies save up to 75% on Amazon Web Services (AWS) cloud costs. Since its launch in April 2024, MilkStraw AI has attracted hundreds of clients, including prominent regional technology companies such as Magnitt, Voltlines, Netwatch, Floranow, MakanE, and IdenTV.
The funding round drew significant interest from experienced technology leaders and entrepreneurs. Notable angel investors include Karim Chouikri, former CEO of Emakina; Ghassan Halawa, founder and CEO of Parachute16; Mahesh Murthy, founder of Pinstorm; Imad Ghazareddine, founder and CEO of Mamo; and Hisham Abu Bakr, founder and CEO of Dimitries.
MilkStraw AI’s approach to cloud cost optimization represents the future of infrastructure management. Their rapid customer adoption and innovative technology platform demonstrate the significant market need for their solution. The pre-seed funding will enable MilkStraw AI to expand its engineering and development teams, accelerate product development and feature releases, enhance customer support capabilities, and expand its market presence across the MENA region.
Jawad Shreim, CEO of MilkStraw AI, emphasized the importance of automating cloud cost management. “Companies shouldn’t waste valuable engineering time manually optimizing cloud costs when they could be building products and driving innovation. Our platform automates this process, allowing teams to focus on what truly matters—creating impact through their core business.”
Mohanad Elhartany, Senior Investment Associate at Oraseya Capital, previously at Flat6Labs at the time of investment, highlighted the potential of MilkStraw AI. “MilkStraw AI’s approach to cloud cost optimization represents the future of infrastructure management. Their rapid customer adoption and innovative technology platform demonstrate the significant market need for their solution. We’re excited to support their growth and vision for transforming how companies handle cloud costs.”
The investment in MilkStraw AI underscores the growing demand for cloud cost optimization solutions, particularly in regions like MENA, where cloud adoption is increasing rapidly. With this funding, MilkStraw AI is poised to strengthen its position as a leader in intelligent cloud cost optimization and help businesses across the MENA region optimize their cloud infrastructure costs more efficiently.
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