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FastForward acquires stake in emerging Israeli social start-up

28th July 2016 8:00 am GMT

Technology investor FastForward Innovations has acquired an interest in Moon Active, one of the latest social gaming start-ups to emerge from industry hub Tel Aviv.

Moon Active was founded in 2011 and is led by chief executive Samuel Albin, with investment from a number of high-profile sources including Product Madness co-founder Lior Shiff.

FastForward has acquired a 5.9 per cent stake in the business for a total consideration of US$500,000, with the subscription shares priced at $22.78 per share.

Moon [...]

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