Gannet Capital increases Touch Ventures stake
Gannet Capital has increased its stake in the venture capital group, with Glenn Poswell now taking up a board seat.
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Gannet Capital has increased its stake in the venture capital group, with Glenn Poswell now taking up a board seat.
The total amount raised by startups this week may be lower than the past two weeks, but the companies are no less interesting.
Breef, a startup developing a marketplace for matching brands with marketing agencies, has raised $16 million in a venture round.
Credentials tracking start-up CredShare was pitching investors for fresh funds via Bell Potter, saying it would use them to fund commercialisation in select verticals.
RIYADH: The entrepreneurial ecosystem has been on the rise in the Middle East and North Africa region for a while, with technology-based sectors starting to dominate the business landscape. Financial technology, popularly known as fintech, has been a promising sector for business people and investors alike, with startups entering and exiting the industry like never before. The