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Latest ArabCrunch News
May 18, 2015
Middle East Venture Partners (MEVP), announces five investments 29 Mar, 2012 Middle East Venture Partners (MEVP), has announced five new rounds of investments. Anghami.com: “ Unlimited Music for your ears” got seed funding The startups is Mobile music and web music streaming service targeting the Arab World with premium Arabic and foreign music content. A Turkey based VC is investing alongside MEVP in this round. Visit www.anghami.com Laimoon.com closed serias A investment the startup is a a job search engine. Currently focused on jobs in the UAE and Qatar, Laimoon helps companies easily connect with talented professionals. Expansion plans to the rest of the Middle East are underway. An institutional UAE based investor will be investing alongside MEVP in this round. Visit www.laimoon.com Box & Automation Solutions: closed serias B investment the startup is a cash management, audit and treasury solutions provider, via the SWIFT network. It allows treasurers and decision makers to fully monitor and audit their global cash positions in real time. Sigma Gestion, a French SME fund is co-investing alongside MEVP in this round. Visit www.boxautomation.com Pin-Pay: a mobile payment service provider allowing mobile phone users to pay and receive payments into their bank accounts. Bank Med and Bank Audi have both invested alongside MEVP in Pin-Pay. Visit www.pin-pay.com. This is th second round MEVP invests in Pin-Pay. Mezzabites Technologies Company LTD. (Falafel Games): a designer and producer of Arabic content online MMO games targeting MENA audience. The venture arm of the project is Dubai-based Satcaster, MBC Group, under their new division, “MBC Ventures”, are investing alongside MEVP in this round. Visit www.falafel-games.com and also MEVP invested 2 round in Falafel games. Share and Enjoy
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