SfalebanonmaChines Joins FasterCapital’s LaunchUp Program to Innovate and Expand in Engineering and Trade


Posted September 24, 2024 by FasterCapital

Beirut, Lebanon, September 2024 – SFA, an emerging player in the fields of industrial mechanics, infrastructure engineering, and trade, is proud to announce its participation in FasterCapital's LaunchUp program.

 
Beirut, Lebanon, September 2024 – SFA, an emerging player in the fields of industrial mechanics, infrastructure engineering, and trade, is proud to announce its participation in FasterCapital's LaunchUp program. The company is focused on enhancing safety in relation to natural disasters, particularly earthquakes, through innovative infrastructure solutions, as well as expanding its operations in the trade of vehicles, machinery, and industrial supplies.
With $120,000 already invested, SfalebanonmaChines is now seeking to raise an additional $800,000 to scale its operations and expand both domestically and internationally. This capital will be used to advance the company’s technology, increase production capacity, and broaden its market reach, ensuring that their innovative solutions can be applied globally.

Hesham Zreik, CEO of FasterCapital, commented: “The challenges posed by natural disasters, particularly in regions like Lebanon, require innovative engineering solutions. SfalebanonmaChines is at the forefront of this mission, and their commitment to improving safety and infrastructure resilience is commendable. Through the LaunchUp program, we aim to provide them with the resources and mentorship needed to scale their impact.”
Farhad Barmaja, Founder and CEO of SfalebanonmaChines, commented: “Joining the FasterCapital LaunchUp program is a significant step forward for our company. With the backing and expertise of FasterCapital, we are poised to expand our operations and bring our innovative solutions to a broader market. Our goal is to increase safety and modernize infrastructure not just in Lebanon, but globally. We are confident that this partnership will help us achieve our vision.”
SfalebanonmaChines s.a.r.l is dedicated to developing and implementing advanced engineering solutions that safeguard infrastructure against natural disasters, particularly earthquakes. The company’s expertise extends to the trade and maintenance of a wide range of industrial machinery and vehicles, ensuring comprehensive service offerings to its clients.
FasterCapital is a virtual incubator based in Dubai, UAE. It supports startups and small businesses worldwide through acceleration, incubation, and co-funding programs, particularly in technology and industrial sectors. FasterCapital provides entrepreneurs with essential tools, resources, and guidance to succeed in their respective markets.
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Issued By FasterCapital
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Categories Business , Finance , Industry
Last Updated September 24, 2024