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Erbil Start-Up Midient raises $125,000 | Iraq Business News

By John Lee. Erbil-based start-up Midient has reportedly received a "pre-seed round" investment of $115,000 from regional accelerator Flat6Labs for its loyalty program product Kurdivia. According to Iraqi Innovators, the company was co-founded by Ahmed Jamal, Mohammed Shahoyi, and Omer Sabah. It was also picked for a $10,000 pilot investment by Canadian venture fund Loyal ....

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Trade finance marketplace Finverity wins US$2mn in new investment

London-based Finverity has raised US$2mn in an equity funding round to help fuel the trade finance marketplace’s growth. Finverity, which focuses on supply chain finance for mid-market companies in emerging markets, won backing from Jersey-based BY Venture Partners and existing Canadian investor Loyal VC. An emerging market family office and “a number of strategic angel . ....

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