Cofe, a MENA’s premiere online coffee marketplace, raised $15M in Series B funding.
The round was led by WAED Ventures and eWTP Arabia Capital.
The company intends to use the funds to accelerate growth and expand operations.
Founded by Ali Al-Ebrahim in November 2018, Cofe provides an app that makes coffee ordering fast and efficient and offers users an access to a wide range of international franchises and local coffee brands through multiple services. Cofe Market, the platform’s ecommerce offering, also allows users to purchase coffee beans, machines and other home brewing accessories.
The app currently operates in Kuwait, KSA, UAE, and Egypt, with international expansion in the pipeline.
FinSMEs
14/03/2023