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Latham Advises Zid on US$50 Million Series B Funding Round

November 14, 2022

Fundraising aims to support the retail enablement company’s expansion in the Middle East.

Latham & Watkins has advised retail enablement company, Zid, on its US$50 million Series B funding round. The proceeds will be used by Zid to expand into new markets in the Middle East region, conquer new retail verticals, plus digitizing and automating more innovative solutions to modernizing the retail sector.

The round was led by IMPACT46, with participation from Waed Ventures, Endeavour Catalyst, Global Ventures, Elm, and others.

The Latham team was led by Dubai partner Eyad Latif and counsel Omar Maayeh.