Meysan Partners advises Agility Ventures (“Agility”), the corporate venture arm of Agility and the leader in supply chain services, innovation and investing, in their Series A investment in Retailo Technologies Holding Limited (“Retailo”), a Riyadh -based e-commerce platform that works with hundreds of brands to help them digitize their retail supply chains.
Retailo’s Series A round, led by Silicon Valley’s Graphene Ventures, raises USD 36 million allowing the company to expand into new markets and add more products to its portfolio. Investors in the round include Agility Ventures, 500 Global, Aujan Group, Tech Invest Com and Mentor’s Fund, all of whom have coverage in the retail industry’s technology companies.
We are very pleased to assist Agility in closing this impressive deal that helped Retailo achieve its vision of expansion in a very short period. Serving the e-commerce industry is very exciting for us as it gives Meysan an exposure to global markets and trends more than any other industry. We are happy to be part of this wave and look forward to support our client Agility on their upcoming investments and projects” commented Zainab Aziz, the Partner of Meysan Partners’ Abu Dhabi office.
Meysan Partners team was represented by corporate partner Zainab Aziz.
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