Expensya Acquired by Medius

This is a Expensya news story, published by TechCrunch, that relates primarily to Jouini news.

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One of Africa’s most successful founders is back with a new AI startup and already raised $9M | TechCrunch

Summary

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Thunder Code co-founders Karim Jouini and Jihed Othmani sold Expensya to Swedish procurement software firm Medius in 2023 .

The two have now co-founded Thunder Code , a generative AI-powered software testing platform, which has already secured $9 million in seed funding.

Thunder Code tackles slow, manual testing with AI agents that mimic human testers.

The funding round includes familiar faces from Expensya ’s cap table, including Silicon Badia and Jaango Capital , along with Titan Seed Fund and strategic angels like Roxanne Varza (Director of Station F) and Karim Beguir , CEO of Instadeep , Africa ’s biggest AI startup. Former and current Expensya employees who cashed out during the acquisition have also invested. “Some of our investors are actually Expensya employees and I’m glad it worked out that way,” said Jouini ..