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Kuwaiti Coffee Delivery App COFE Raises $10 Million Investment

Kuwaiti Coffee Delivery App COFE Raises $10 Million Investment
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Saudi arabiaUnited kingdomAli al ebrahimDistrict ltd coAl imtiaz investment groupசவுதி அரேபியாஒன்றுபட்டது கிஂக்டம்அலி அல் இப்ராஹிம்அல் இமியஸ் முதலீடு குழு

6 Arab Young Innovators Who Have Achieved Unmatched Success

6 Arab Young Innovators Who Have Achieved Unmatched Success
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COFE raises $10 million

COFE raises $10 million Kuwaiti coffee delivery app COFE has raised $10 million in new funding, which it aims to use to scale up its operations in Kuwait, Saudi Arabia, the UAE and the UK and to expand into Egypt and Turkey. The funding was provided by Kuwaiti listed investment house Al Imtiaz Investment Group. COFE was conceived in 2017 by Kuwait-based founder Ali Al-Ebrahim, developed in Silicon Valley and launched in 2018. “From its early days, COFE has shown tremendous potential as a unique offering that caters to discerning coffee connoisseurs and their consumption habits, while helping to grow and transform revenue streams for vendors. Our partners have recognized this and are confident in our ability to serve existing customers and vendors, while expanding into new markets,” Al-Ebrahim said in a press statement.

Saudi arabiaUnited kingdomAli al ebrahimAl imtiaz investment groupSilicon valleyசவுதி அரேபியாஒன்றுபட்டது கிஂக்டம்அலி அல் இப்ராஹிம்அல் இமியஸ் முதலீடு குழுசிலிக்கான் பள்ளத்தாக்கு

Kuwaiti coffee delivery app raises $10mln in new funding

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Saudi arabiaUnited arab emiratesUnited kingdomZev sieglAli al ebrahimSyndigate media incAl imtiaz investment groupSilicon valleyArab newsSyndigate mediaசவுதி அரேபியாஒன்றுபட்டது அரபு அமீரகங்கள்ஒன்றுபட்டது கிஂக்டம்அலி அல் இப்ராஹிம்அல் இமியஸ் முதலீடு குழுசிலிக்கான் பள்ளத்தாக்கு

Kuwaiti coffee delivery app raises $10m in new funding

DUBAI: Kuwaiti coffee delivery app COFE has raised $10 million in new funding, which it aims to use to scale up its operations in Kuwait, Saudi Arabia, the UAE and the UK and to expand into Egypt and Turkey. The funding was provided by Kuwaiti listed investment house Al Imtiaz Investment Group. COFE was conceived in 2017 by Kuwait-based founder Ali Al-Ebrahim, developed in Silicon Valley and launched in 2018. “From its early days, COFE has shown tremendous potential as a unique offering that caters to discerning coffee connoisseurs and their consumption habits, while helping to grow and transform revenue streams for vendors. Our partners have recognized this and are confident in our ability to serve existing customers and vendors, while expanding into new markets,” Al-Ebrahim said in a press statement.

Saudi arabiaUnited arab emiratesUnited kingdomZev sieglAli al ebrahimAl imtiaz investment groupSilicon valleyAl ahsaAl kharjKhalij timesGulf newsSaudi gazetteAl madinahKing abdullahObs in saudiWork in saudi arabia