Cofe, a MENA’s premiere on-line espresso market, raised $15M in Sequence B funding.
The spherical was led by WAED Ventures and eWTP Arabia Capital.
The corporate intends to make use of the funds to speed up development and broaden operations.
Based by Ali Al-Ebrahim in November 2018, Cofe gives an app that makes espresso ordering quick and environment friendly and gives customers an entry to a variety of worldwide franchises and native espresso manufacturers by means of a number of providers. Cofe Market, the platform’s ecommerce providing, additionally permits customers to buy espresso beans, machines and different residence brewing equipment.
The app at the moment operates in Kuwait, KSA, UAE, and Egypt, with worldwide growth within the pipeline.
FinSMEs
14/03/2023
