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29 September 2017

Corporate venturing deal net: 25-29 September 2017

Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds

Author: Robert Lavine, News Editor

Middle East-based retail franchise operator MH Alshaya has invested an undisclosed amount in Noon, the Kuwait-headquartered developer of an e-commerce marketplace that is intended to serve customers across the Middle Eastern region. Noon’s founding investors are entrepreneur Mohamed Alabbar and the Saudi Arabian government’s Public Investment Fund, and the startup plans to launch its platform before the end of 2017.