UAE-based B2B food marketplace, Supy, raised USD8 million in a Seed round led by Beco Capital with participation from existing investors including Valia Ventures and Cotu Ventures, Global Ventures and Amk Investment Office. The round was also joined by new investors including Global Ventures, AMK Investment Office, and a number of other strategic investors. Founded in January 2021, […]
In celebration of the ninth edition of Save the Brand, last night the Four Seasons in Milan witnessed the Awarding of 30 companies in the Food & Beverage sector, an event organized by LC Publishing Group –
Banking & Finance
Food & Beverage
United Arab Emirates
Pure Harvest Smart Farms raises USD 180.5mln in latest financing
Pure Harvest Smart Farms (“Pure Harvest”), sustainable technology-enabled agribusiness headquartered in the United Arab Emirates, raised USD $180.5 million in their latest funding round. The oversubscribed funding round was led by existing investors including South
Egyptian Belgian Co. for Industrial Investments (“Egybelg”) has sold some of its assets to Savola Foods Limited, a subsidiary of the Saudi-listed Savola Group, a strategic investment holding company with focus on the food and
Banking & Finance
Food & Beverage
Saudi Arabia
Allen & Overy advises Prosus on its Series C investment
Allen & Overy has advised Prosus, a global technology investors, as lead investor on a USD170 million Series C funding round by Foodics, a cloud-based technology and payment platform for restaurants in the MENA region.
On 01 March 2021, the Litigation team of Shehata & Partners, led by partner Mohamed Osama Abdelwahab (pictured), in conjunction with the Italian law firm Pavia e Ansaldo were able to push for a
