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Basil Mimi

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About Basil Mimi

https://mantas.ai/

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Mantas launches from stealth with $1.77 million in seed funding to provide parametric insurance for cloud outages across MENA and North America.

Mantas Emerges From Stealth With Funding Round to Insure Cloud Downtime With Parametric Coverage

January 27 2026

Today, Mantas announced its launch from stealth alongside a seed funding round to introduce parametric insurance for cloud outages

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Mantas secures DFSA in-principle approval to operate as the MEA’s first parametric MGA.

Mantas Secures In-Principle Approval for Category 4 Licence in the UAE

August 19 2025

Mantas received In-Principle Approval (IPA) for a Category 4 licence from the DFSA in the UAE

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