Private Equity

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

FrontSight Capital Fund invests $1m into Singaporean organisation RSG

FrontSight Capital Fund, an esports private equity fund managed by Singaporean firm Tembusu Partners, has announced an investment of $1m (∼£725,415) into Singaporean esports organisation RSG. The funding will be used to continue RSG’s investment in local talent cultivation, along with a new focus to establish brand-new training facilities for its teams. The organisation currently fields teams across a number of titles including Mobile Legends: Bang Bang, League of Legends: Wild Rift, and Street Fighter. Photo credit: RSG RELATED: RSG delivers Pizza Hut partnership According to the release, FrontSight Capital

Epic Games announces $1B funding round

Fortnite developer and major gaming platform Epic Games announced the completion of a massive $1 billion funding round. The previous investment at $200 million, thanks to Sony Corporation, puts Epic at an equity evaluation of $28.7 billion. The investment will put all of the major titles under Epic into full throttle. Additionally, the company aims to evolve and keep game development and creation at a steady rise.Today we announced a new round of funding to support future growth and our long-term vision for the Metaverse. Thank you to all our

How has Corsair Gaming posted such impressive pre-IPO numbers?

After the last few weeks of IPOs, you’d be forgiven if you missed Corsair Gaming’s own public offering. The company is not our usual fare. Here at TechCrunch, we care a lot of about startups, usually technology startups, which often collect capital from private sources on their way to either the bin, an IPO or a buyout. Corsair is some of those things. It is a private company that builds technology products and it has raised some money while private. But from there it’s a slim list. The company was founded in 1994,

How the Tokenization of the Gaming Industry Empowers Players

Amid the COVID-19 pandemic, one thing is clear: The video games industry is thriving. As people around the world find themselves with more time on their hands thanks to government-mandated lockdowns and a partial economic shutdown, video game sales have skyrocketed. Despite being overshadowed by some of the more glamorous uses for blockchain technology, the gaming industry may be poised for a generational leap forward with the advent of asset tokenization — a practice that could expose the gaming industry to a whole new wave of investors while simultaneously unlocking