Palestinian Tawazon raises seed funding from Ibtikar Fund

ⓘ Featured image: A file-photo of Suna Zoabi-Othman, founder of Tawazon

Palestine-based startup Tawazon that offers guided meditation through its mobile app, yesterday announced that it has raised an undisclosed amount of funding from Palestine-based Ibtikar Fund in a seed round.

The startup will utilise the funds to examine and finalise the key features of the app and initiate market testing.

‘Tawazon’ as the name suggests in Arabic means ‘Balance’, provides guided meditation choices in the Arabic language of respective durations to its users who just have to log-in using the app on iOS or Android to consume the service.

Commenting on the investment round, Suna Zoabi-Othman, the founder of Tawazon in a statement said,

“I had first-hand experience of how meditation had helped me become more balanced. I realized that many of us native Arabic speakers would prefer to meditate in our language, yet the Arabic meditation apps available offered only a mediocre product, at best. So, I brought together the best team I could to create Tawazon and help others find that balance which we all seek.”

Sharing the ground of investment in Tawazon, Habib Hazzan, Managing General Partner at Ibtikar Fund appraised the need for meditation for the Arabic market, which is also untapped.

“We realize the need for meditation and mindfulness, especially during such trying times. We are investing in Tawazon because we see great potential in the product and the ability of the team to make their vision a reality.”

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