500 Startups

Verofax to raise US$750,000 on Beban Crowdfunding Platform

- Offering GCC retail investors interactive access to private equity investment opportunities BAHRAIN, Mar 5, 2023 - (ACN Newswire) - Verofax, the leader in brand marketing and AI-powered solutions for enterprise, was featured on Beban 2 (Episode 9, Mar 1, 2023), the hit entrepreneur & investment-themed reality TV program airing on Bahrain TV, Alrai TV and Dubai TV, as well as Shahid, the region's largest video-on-demand platform. Wassim Merheby, CEO & Co-Founder, and Jamil Zablah, CMO & Co-Founder, Veromax, a product winning SaaS provider helping brands achieve growth by turning offline products interactive for

March Investment Recap: More Than $200M of Fresh Capital Gets Injected into the Esports Ecosystem 

During the month of March 2021, The Esports Observer tracked 23 investments raised by esports-relevant companies. Disclosed investments amounted to $233M USD, bringing the total sum of disclosed investments in 2021 to $1.9B.  In addition to several significant investments, including Overwolf’s $50M+ and Envy Gaming’s 40M Series C financing rounds, several private placement deals by Toronto Stock Exchange Venture Exchange listed esports companies, and multiple seed round investments, a couple of major deals in the works came to light during the month. Super League Gaming is in the process of acquiring live streaming technology platform Mobcrush at a transaction value likely to exceed $60M and Microsoft is in talks to acquire gaming