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'SAMENA Daily' - News

Egypt-based KNOT Technologies closes US$1 million funding to expand globally

KNOT Technologies has raised a $1 million pre-seed round led by A15 to scale its AI-native ticketing and access control infrastructure, according to a company statement.

The funding will be used to accelerate product development, support international expansion, and deepen integrations across the live events ecosystem.

KNOT’s platform is built around an AI layer that authenticates identity, governs ticket distribution, and tracks demand in real time. The company says this enables event owners to prevent unauthorized transfers, reduce market leakage, and create a more transparent relationship between organizers and attendees.

Founded in 2025, KNOT has already secured more than 50 enterprise customers and is now emerging from stealth.

“Ticketing has become a financial black hole, with value leaking into unregulated channels and no modern tools to prevent it,” said Ahmed Abdalla, co-founder and CEO of KNOT. “Organizers lack visibility and control, and fans are paying the price. That is why we started KNOT, to unlock real economic value and rebuild trust between businesses and their customers.”

Karim Beshara, founder at A15, said the firm backed KNOT because it is tackling a complex global challenge with a genuinely novel approach. He added that the company’s technology has the potential to reshape how trust and identity function in ticketing.



Source: https://meatechwatch.com/2026/01/21/egypt-based-knot-technologies-closes-1mln-funding-to-expand-globally/

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