Tech Company Financing Transactions
HyperPlay Funding Round
HyperPlay, operating out of Riyadh, secured $12 million from BITKRAFT Ventures, Griffin Gaming Partners and Delphi Ventures.
Transaction Overview
Company Name
Announced On
6/8/2023
Transaction Type
Venture Equity
Amount
$12,000,000
Round
Series A
Investors
BITKRAFT Ventures (Lead Investor)
Griffin Gaming Partners (Lead Investor)
Proceeds Purpose
The company intends to use the funds to scale, fully enhancing its flagship game launcher and increasing its international presence.
Company Information
Company Status
Private & Independent
Industry
Entertainment
Mailing Address
Prince Turki Bin Abdulaziz Al Awal Road AlMuhammadiyah Distr
Riyadh, 12364
SA
Riyadh, 12364
SA
Phone
Undisclosed
Website
Email Address
Overview
HyperPay is the fastest growing online payment service provider in the MENA region, serving the largest merchants and banks since 2014. We provide a wide range of payment processing services for businesses selling online and offline. Connecting merchants to a consolidated network of global, regional, and local payment methods.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Muhannad Ebwini
Chief Financial Officer
Ali Faqih
Chief Operating Officer
Ashraf Manasra
Chief Technical Officer
Tariq Atari
Browse more venture capital transactions:
Prev: 6/8/2023: Onfly venture capital transaction
Next: 6/8/2023: Kate Therapeutics venture capital transaction
Share this article
About Our VC Transactions Data
Our team works diligently to record every notable VC transaction. VC investment data records reported here come from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs