Magma is a startup under Algerian law. This company has developed a VOD application called MAGMOVIE and launched on the Algerian market in early 2020. We had a seed capital of 25 million dinars.
Our application is the first legal proprietary version in Algeria.
We are looking for a venture capital investor (A) for 2021 and for an amount of 96 million dinars (635,463 euros).
Sale of 40% of the shares for an amount of 893,000 euros