UAE-based Web3 streaming platform, myco, has completed the first closing of its Series A funding, raising $10 million from prominent venture investors across MENA, North America, and Europe.
Founded in 2021 by Umair Masoom and Somair Rizvi, myco is a content streaming app that integrates AVOD and SVOD capabilities within a decentralised environment. Following recent expansions into North America and Egypt, myco plans to use the fresh funds to expand into further markets, establish new partnerships, and conclude a second closing on their Series A by early 2025. Following recent expansions into North America and Egypt, myco is identifying further strategic growth territories and aims to conclude a second closing on their Series A by early 2025.
Myco’s recent announcement garnered extensive media coverage across Tier-1 media outlets in both English and Arabic throughout the GCC region. This achievement can be attributed to publsh’s strategic media relations efforts. We also leveraged myco’s unique brand identity to generate positive media attention. The team highlighted myco’s innovative approach and commitment to sustainability, which resonated with journalists and editors. As a result of these efforts, myco’s announcement was featured prominently in leading newspapers, magazines, and websites across the region. This extensive media coverage helped to raise Myco’s profile and establish it as a thought leader in the industry.
publsh secured a total coverage of 78 top-tier media publications in both English and Arabic across the region. Specifically in tier-1, there were 27 coverages, and in Tier-2, 51 separate coverages, announcing myco’s first closing of its Series A funding, raising $10 million from prominent venture investors across MENA, North America, and Europe.
More specifically, in English, there were 43 coverages, including Forbes Middle East (over 1.8M); Arabian Business (over 4.1M); and Khaleej Times (over 38.5M), among many other hugely popular tier-1 publications. In Arabic, there were 35 separate coverages, spanning across such key publications as Entrepreneur Al Arabiya (over 216K); Al Bayan (over 2M); Al Watan (over 140,900), among others.
Dubai: Gulf Land Property Developers announced its collaboration with Tonino Lamborghini Group to develop an upscale residential community in the heart of Dubai, the company said in a media release This distinctive development will bear the prestigious Tonino Lamborghini brand, synonymous with Italian quality and sophistication worldwide.
The new residential community introduces a fresh perspective to lifestyle living in Dubai and aims to leverage Tonino Lamborghini’s 40-year design legacy with the renowned expertise of Gulf Land Property Developers, currently engaged in crafting unique luxury living projects-Paradise Hills and Serenity Lakes.
According to Savills, the global property market has seen a slowdown, particularly in the US and EU, due to rising interest rates. However, Dubai’s market bucked this trend in 2023, recording a staggering rise of more than 36.7 per cent in value and 33.8 per cent in the number of transactions compared to the same period in 2022. Branded residences have shown remarkable resilience in the face of these global challenges, with an increase of over 160 per cent in the number of schemes in the last decade, the media release said. “
Over the years, we have become a cornerstone of luxury real estate in Dubai, recognized for our diverse expertise and commitment to innovative design and construction, creating unique lifestyle homes,” said Shaher Mousli, Chairman of Gulf Land Property Developers.
Bilal Hamadi, General Manager of Gulf Land Property Developers added; “Having Tonino Lamborghini provide us with design direction and implementation enables us to deliver a new level of luxury, design philosophy, and quality of production that can only be achieved with a creative powerhouse like the Tonino Lamborghini brand.”
© 2024 all rights reserved.
All trademarks, logos and brand names are the property of their respective owners. All company, product and services names used in this website are for identification purposes only.
© 2025 all rights reserved.
