The World Economic Forum in Marrakech yesterday witnessed some really interesting news from Intel Capital, which announced 3 new investments in the Middle East; UK-Lebanon based Nymgo, as well as Jordanian companies Jeeran and ShooFeeTV.
This investment marks a second round of investment from Intel Capital in both Jeeran and ShooFeeTV (both also IV Holdings portfolio companies), after the previous investment that was announced in May of last year.
The investment in Nymgo also marks Intel Capital’s expansion of its portfolio in the Arab world to a total of eight companies: Nymgo, Jeeran, ShooFeeTV, Conservus, Pulse Technologies, Vertex Animation Studio, NeuString and Sphere Networks.