Cofe App Secures $3.2M in Pre-Series A Funding

cofeCofe App, a Kuwait-based coffee-centric marketplace app, secured $3.2m in Pre-Series A funding.

The round was led by Kisp ventures, a fund established by KFH Capital (Kuwait) and Cedar Mundi (Lebanon), Towell Holding International (Oman), Takamul Capital and Dividend Gate Capital (Bahrain), Nizar AlNusif Sons Holding and Arab Investment Company (Kuwait).

The investment was facilitated by FTL Legal Services.

Founded in the summer of 2017 by Mr. Ali Al Ebrahim, Cofe App connects coffee house chains and independent roasters with people via an app, which was beta launched in February 2018.

 

FinSMEs

15/02/2019

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