Funding
Mohamed Alabbar and MEVP Launch $250 Million VC Fund
Middle East Venture Partners (MEVP) today announced the launch of its third MENA venture capital fund – the Middle East Venture Fund III (MEVFIII) – with a target size of USD 250 million. ...
Deliveroo Raises $385M on a $2 Billion Valuation
British takeaway food delivery firm Deliveroo has raised $385 million in new funding, the firm said in a statement on Sunday which set out that the money would help establish operations in new areas o...
VFS Global Acquires Visa Service Provider TT Services
VFS Global has completed on 22 August 2017 the acquisition of visa service provider TT Services (TTS). The transaction enables VFS Global to leverage on core competences and brands and to further enha...
Fintech Player PayTabs Raises $20M in Investment
Incorporated in the Kingdom of Saudi Arabia with head operations in the Kingdom of Bahrain, leading payment processor PayTabs raised a $20 Million investment to support its products and global expansi...
Delta Partners Advises iflix on $133 Million Funding Led by Hearst
Delta Partners Corporate Finance Limited, a member of Delta Partners, has acted as financial advisor on a $133 million funding round for iflix, the Malaysian Subscription Video on Demand (SVoD) servic...
Trend Micro Launches New $100 Million Venture Fund
Trend Micro Incorporated has today announced the launch of a corporate venture fund to explore emerging technology markets. With an initial investment of $100 million, this venture fund will allow Tre...
Modacruz Raises Series B Financing Led by Middle East Venture Partners
Modacruz, the leading mobile marketplace of second hand women fashion items in Turkey, announced today that it has raised $2 million in a Series B investment round led by Middle East Venture Partners ...
Emcredit Launches New empay Mobile Payment Solution
Emcredit, the company created by Dubai Economy, is soon going to launch empay, a unique mobile payment solution. The solution has been developed within the framework of the Dubai Smart Government init...
Palo Alto Networks Forms Venture Fund
Palo Alto Networks has today announced it is forming a $20 million security venture fund. The fund will provide early stage capital investments to fuel development of innovative security applications ...