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Lebanon Finance News

Dedicated to economic and business news on Lebanon, managed by the team of Lebanon Opportunities.

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Berytech

Berytech Fund I exits three companies for $800,000. PayPlug, Active Identity, and Cook & Eat Lebanese

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Berytech Fund I has exited three of its portfolio companies, PayPlug, Active Identity, and Cook & Eat Lebanese, at a combined price of nearly $800,000.

The venture capital fund said it divested itself from PayPlug at three times the initial i….
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Speed@BDD completes second acceleration program. Startups seek a combined $3.5 million capital

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Speed@BDD has completed a three-month acceleration program for seven tech startups in which it has invested $210,000. This is the startup accelerator’s second program, with a third acceleration program in the offering.

The investment comes ….
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Speed@BDD invests $180,000 in startups. First batch to seek more investment

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Speed@BDD, a tech startup accelerator, said it has invested $180,000 in its first batch of startups and offered them a three-month acceleration program.

The investment was equally divided among the six startups with each receiving $30,000 to….
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Berytech Fund invests $20 million. Equity injected in 12 local SMEs

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Berytech Fund II has invested nearly $20 million since its inception ten months ago, said Paul Chucrallah, Fund Managing Director. These equity investments were injected in 12 small companies in the telecommunications, digital content, and industria….
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