Feb 03 2011 |
more articles from
|
MEVP announces 3 new investments
Middle East Venture Partners ( MEVP ) invests in three early stage companies. Body & Soul, Droid Shield , and Falafel Games set to benefit from financial boost.Beirut, February 3, 2011 - Middle East Venture Partners ( MEVP ) has announced three new investments, this brings the number of MEVP portfolio companies to six. The funding will help fuel the companies' next stage of growth and their pursuit of regional expansion. "We are extremely excited to be supporting companies with such strong teams, market expertise and technology innovation" said Walid Hanna Managing Partner of MEVP .
The three companies benefiting from MEVP 's investment are as follows:
· Body & Soul LTD (Lebanon/Regional): Manufactures and exports natural and organic personal care products with a focus on regional tastes and preferences. The company manufactures in Lebanon. It sells its products through one store in Lebanon and three franchised stores in Jordan, Bahrain and Saudi Arabia. Visitwww.bodyandsoul.me
· Falafel Games (Hong Kong/Regional): Designs and produces Arabic-content online games for the MENA audience. Falafel Games focuses on producing massively-multiplayer-online (MMO) games, with themes derived from Arab culture and history. Visit www.falafel-games.com
-Ends-
About,MEVP
MEVP
is a Middle East-focused venture capital firm that invests in the early and growth stages of innovative companies run by talented entrepreneurs primarily, but not exclusively, in Lebanon and the greater Levant region.
MEVP
favors consumer technology, consumer products, and consumer services sectors, but also considers ventures in other areas, such as media, logistics and hospitality, among others. For more information on
MEVP
, visit www.mevp.com
For more information, please contact
Walid S. Hanna
Managing Partner, Middle East Venture Partners
+961 1 999601 (direct)
+961 1 999605 (switch)
+961 1 972755 (fax)
Ring Bldg, 6th Floor
Fouad Chehab Avenue
Po.Box 16-7228 Beirut Lebanon
Email: walid.hanna@mevp.com
Website: www.mevp.com
© Press Release 2011
Zawya Comment Policy
-
Zawya encourages you to add a comment to this discussion. You agree that when you add content to this discussion your comments will not:
1.1 Contain any material which is libelous or defamatory of any person, is obscene, offensive, hateful or inflammatory or causes damage to the reputation of any person or organisation.
1.2 Promote sexually explicit material, violence, discrimination based on race, sex, religion, nationality, disability, sexual orientation or age or any illegal activity.
1.3 Be made in breach of any legal duty owed to a third party, such as a contractual duty or a duty of confidence.
1.4 Be threatening, abuse or invade another's privacy, or cause annoyance, inconvenience or needless anxiety.
1.5 Be used to impersonate any person, to misrepresent your identity or affiliation with any person, or be likely to deceive any person.
1.6 Give the impression that they represent Zawya.
1.7 Advocate, promote or assist any unlawful act such as (by way of example only) copyright infringement or computer misuse. - The content posted on www.zawya.com is created by members of the public. The views expressed are theirs and unless specifically stated are not those of Zawya. Zawya reserves the right to review all comments prior to posting and edit or delete any contribution, but Zawya is not responsible for and can not be held liable for any content posted by members of the public on www.zawya.com.
- Zawya is not responsible for the availability or content of any third party sites that are accessible through www.zawya.com. Any links to third party websites from www.zawya.com do not amount to any endorsement of that site by Zawya and any use of that site by you is at your own risk.
- By submitting your comment, you hereby give Zawya the right, but not the obligation, to post, air, edit, exhibit, telecast, webcast, re-use, publish, reproduce, use, license, print, distribute or otherwise use your comments worldwide, in perpetuity.
Copyright © 2012 Zawya Ltd. All rights reserved. |
provided by www.zawya.com |
Post Your Comment