Raising the first round of funding can be a very difficult process.
It can turn out to be a time consuming task that keeps you away from your main aim, that is to grow the business. During my journey pitching, discussing and negotiating with investors I would often say to myself 'If I was a VC, I would ask just the right amount, the right kind of questions. Always be a phone call away to guide the entrepreneur. Move quick, so I can go from asking questions to offering help' For The Luxury Closet, MEVP did just that.
The Luxury Closet
Smart-money is key when raising funds - MEVP fulfills it by all means.
They are fast to jump in on promising ideas, are forward-looking in identifyung new opportunities, and can open multiple doors through their wide network. Our relationship with MEVP extends beyond that of investor/investee; they are our advisers, partners and friends.
Throughout the fund raising process the MEVP team showed a lot of passion and commitment in pursuing the investment opportunity.
This made this first experience of raising equity for us almost fun.
The relationship between a startup and a VC is more than just access to capital.
The VC can act as a strategic partner helping to scale the business, which is the case with MEVP. Their unique experience, advice, as well as its industry connection have helped Nana’s growth.We are happy to have partnered with MEVP, as we cannot emphasize enough on the values added by the MEVP team, donating their time and expertise and are optimistic about the success of the Nana as much as the founding team. We look forward to a great journey ahead.
Funding is not easy and can be very challenging for new businesses in today’s economic climate.
MEVP saw our potential and believed in our vision and business goals. They have gladly fulfilled our needs and opened big doors for us in achieving our KPIs.
*MEVP Capital Limited is established in the DIFC under CL2677. It is a subsidiary of Middle East
Venture Partners. MEVP Capital Limited is regulated by the DFSA for the Management of Assets,
Management of Collective Investment Funds and related activities such as Advising and Arranging. All
communications and services offered by MEVP Capital Limited are directed at Professional Clients
only, and persons other than Professional Clients, such as Retail Clients, are NOT the intended
recipients of our communications or services.