Jordan-based Telescope has raised an undisclosed amount in seed investment from
Select Venture Equity in UAE, where the investment agreement was signed recently in
Founded in 2019 by Dr. Motasim Masalmeh in Amman, Telescope is a leader in media
and tech, that positively influences society through entertaining, informing & educating
According to Masalmeh, this investment will be used to expand Telescope operations in
Saudi Arabia and the UAE, as well as improve the engagement with Telescope
influencers & customers through technology.
We aim to be the most prominent content creation incubator, building on the success
we had in the last three years and state of the art studios we built. Our technology front
will take our content creation and distribution to another level.
Select Venture Equity’s Director, Mr. Amjad Mustafa, said, “A new world in media &
content services is shaping up, powered by technology advancements recently
appearing in the market space. In the Middle East, we spent a lot of time looking for a
media content creation company with a free mind, liberal approach, which is ready for
the next challenge.
We were impressed by the amount of talent, engagement and progressive thinking of
Telescope team and their founders”.
Mr. Amjad Mustafa added,” the pace of change in the media industry is too fast, for this
reason, we must move rapidly with innovative solutions, which identify changing
consumer behaviors and satisfy them with creative content on very intelligent, robust
and attractive channels”.
From his side, Dr. Motasim clarified that telescope has become a market leader in the
media tech industry, with 1000+ produced shows and video series, and 2M+ followers in
MENA. It has also helped 100+ influencers and content creators to grow their online
platforms and content.
Our technology will now make this very scalable. Soon affluent influencers, as well as
successful brands & businesses will realize the value we bring to the market.