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Gulf startups Vuz, Telfaz11, Madark raise funding

Startup funding activity in the Middle East entered slow lane in the last week of March following an action-packed first three weeks of the month. .. ....

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SRMG launches new venture capital arm, SRMG Ventures, with first investments in regional content studio and immersive platform companies

SRMG, a global integrated media group, yesterday announced the launch of its corporate venture capital arm, SRMG Ventures. In line with SRMG’s transformative growth strategy, SRMG Ventures will invest in early-stage companies and technologies within the core target areas: media creators, digital media, media enablers and tools, including generative AI, as well as immersive and interactive entertainment. SRMG Ventures will initially target investments from the seed to Series B stage. ....

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