Tuesday, October 25, 2016

Berytech Fund I exits three companies for $800,000. PayPlug, Active Identity, and Cook & Eat Lebanese


Berytech Fund I has exited three of its portfolio companies, PayPlug, Active Identity, and Cook & Eat Lebanese, at a combined price of nearly $800,000.

The venture capital fund said it divested itself from PayPlug at three times the initial investment. The stake was sold to PayPlug's existing shareholders who were seeking to increase their share in the company. PayPlug is a mobile payment company created in 2012 by two Harvard Business School graduates, Camille Tyan and Antoine Grimaud. T...

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