Page 63 - UNIFONIC PR REPORT - April 2025

4/16/25, 1:47 PM Company News in Egypt: Sadq Raises SAR 5.5 million in Pre-Series A Round Led by "X by Unifonic Fund" to Accelerate Growth in …
Salem Al-Badawi, Co-Founder and CTO of Sadq, said: “We’re proud of how far
we’ve come. This new funding will allow us to further strengthen our robust, multi-
layered technical infrastructure, enabling us to scale with agility and respond
efficiently to growing demand. We’ve also integrated advanced auto-scaling systems,
portable and consistent deployment environments, and global-grade security
protocols — all of which ensure our platform is resilient, reliable, and secure against
cyber threats. Our partnership with Unifonic will help us continue expanding our
service portfolio in the digital authentication space.”
Ahmed Hamdan, CEO and Co-Founder of Unifonic, noted: “This strategic
investment reinforces the role of both Sadq and Unifonic in shaping the Kingdom’s
emerging digital trust and identity ecosystem. Through our close collaboration, we
aim to drive innovation and set new standards for secure digital transactions across
all sectors in Saudi Arabia.”

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