Latham & Watkins and VentureSouq Launch the UAE Free Zone Navigator Interactive comparative online tool designed to help entrepreneurs and investors navigate the UAE’s most popular economic free trade zones Latham & Watkins, in partnership with VentureSouq, is pleased to announce the launch of the UAE Free Zone Navigator, an innovative…
Source: Zawya / Leading digital media company with 20 million YouTube subscribers on its network will utilize funds to build capacity. Riyadh, Saudi Arabia: Telfaz11, the most influential digital media company based out of the Kingdom of Saudi Arabia, has received a USD 9 million investment from lead investor Saudi…
Source: Gulf Business / Saudi digital media start-up Telfaz11 has raised $9m in a series A funding round led by Saudi Technology Ventures. Other participants in the round included VentureSouq. Telfaz11 has built its reputation by creating a series of successful YouTube shows including Temsa7LY, Khambalah, Alkhallat, and Telfaz11 Top…
Source: Forbes Middle East / Movie theaters may have recently returned to Saudi Arabia, but some investors are banking that the country won’t lose its voracious appetite for online videos, which thrived during the decades-long ban on cinemas. This week Saudi Technology Ventures and VentureSouq injected $9 million into Riyadh-based…
Source: National Geographic / The Anthropocene. That’s the name that is starting to be used to describe the current epoch of Earth’s history. The “anthro,” of course, refers to how people have altered the planet. The dire effects of human activity—climate change and pollution, to name a couple—are well-known. But…
Source: CoinReport / TODAQ Financial, a platform that allows P2P value transfer and individually managed asset possession, has been launched, according to a press release CoinReport received. The launch comes after two years of work to develop the world’s foremost version of a mobile-exclusive, entirely decentralized and distributed blockchain-based marketplace…
Source: BioCarbon Engineering/ 10 April 2018, LONDON— BioCarbon Engineering (BCE), a UK company with the ambition to plant 500 billion trees by 2060 through the use of drones, has received a funding boost of US$2.5 million. The seed investment comes from SYSTEMIQ, a purpose-driven investment and advisory firm that aims…
Source: menabytes – According to the Crunchbase Women in Venture report 2017, the percentage of women partners in the top hundred VC firms in the world is 8%. The numbers would look pretty similar in MENA but things have been changing lately with more women getting into venture capital. Some…
Source: TechCrunch – India’s Zoomcar — which operates an on-demand car rental service — has raised a $40 million Series C round led by Mahindra & Mahindra, the 70-year-old Indian corporation that specializes in automotive. Ford and other existing investors also took part in the round, Zoomcar confirmed. CEO and co-founder…
Source: The Economic Times – After a 7-city wide launch, Zoomcar’s bicycle sharing service PEDL has kicked off at IISc, Bangalore with an aim to provide a convenient and eco-friendly option for short trips around the city. PEDL has deployed over 100 cycles at the campus, serving the local use…