Funding Round · Crypto / Stablecoin · 2026

Sovra raises $2M pre-seed round

Sovra raised $2M Pre-seed round led by Pharsalus Capital on June 16, 2026.

Primary
Sovra
Counterparty
Pharsalus Capital
Amount
$2M
Structure
Pre-seed round
Date
June 16, 2026
Sub-sector
Crypto / Stablecoin

USDC-backed dollar account platform targeting underbanked MENA population and diaspora with instant transfers and yield opportunities.

Primary company
Sovra
Counterparty
Pharsalus Capital
Amount
$2M
Event date
June 16, 2026
Sub-sector
Crypto / Stablecoin
HQ
Not disclosed
Structure
Pre-seed round
Source published
June 16, 2026
Publisher
CairoScene

Source: cairoscene.com