Following this acquisition, Tam Finans’ existing owners, Actera Group and the European Bank for Reconstruction and Development (EBRD), have become shareholders in MNT-Halan.
"As an immigrant from Pakistan myself, I have a lot of empathy for international founders and sincerely apologize to the founders impacted by this decision."
This regulatory shift comes in the wake of a global SPAC slowdown, with many SPACs facing challenges in identifying suitable acquisition targets and completing deals within the stipulated timeframe
The terms of the deal were not disclosed. Quicket will continue to operate as a standalone business under Ticketmaster’s ownership, with James Tagg remaining as Managing Director.
The platform plans to invest between €3 million and €50 million in projects ranging from low-carbon energy solutions and optimized water cycles to sustainable waste management.
This funding comes as part of Village Capital’s Reducing Inequalities Investment Facility, backed by FMO’s MASSIF Fund, which has now invested $1.6 million across four startups.
While customer funds remained secure, the attackers downloaded sensitive customer information, including names, social security numbers, bank account numbers, and contact information.
Shiprazor’s end-to-end management capabilities encompass a Shipping Aggregator, Fleet Management System (FMS), Returns Management System (RMS), Customer Experience/Notification System, and Address Verification System, ensuring a seamless logistics process from start to finish.
Interested parties are invited to submit their application files no later than September 15, 2024. Webinars will be organized to share information and answer questions about the Digital Lab.
“Operativa has been a trusted partner since the very beginning of our relationship, so the opportunity to acquire the business was not only a strategic business decision but felt like a natural next step.”
Under the second edition of the Innov Invest Fund, R&D Maroc will offer the “Tech Start” program to startups that have progressed beyond the Proof of Concept stage and are ready to develop prototypes or Minimum Viable Products.
Naguib Sawiris's battery-swapping group has built the largest network of its kind in the Middle East and North Africa. Whether each cabinet earns back the batteries it cycles is a question it has not answered.
