Kuwait

3 Articles

Startups

COFE Tech Secures New Investment to Support Expansion of Its AI-Powered Procurement and Commerce Platform

Saudi Arabia-based COFE Tech has secured an undisclosed investment from Phoenix Venture Partners and participating investors, following a pre-IPO funding round that valued the company at $178 million. The company is preparing for institutional expansion while targeting a potential listing by 2029.

2026-10-10

Startups

Kuwaiti platform Dawraty raises $2 million pre-seed funding backed by Qatar Development Bank

Kuwaiti education technology startup Dawraty has secured investment from Qatar Development Bank as part of a $2 million pre-seed funding round at a valuation of $10 million. The company intends to use the funding to expand its bilingual platform for health education, professional certifications, and test preparation across the region.

2026-09-08

Startups

COFE Tech Raises Pre-IPO Funding at a $178 Million Valuation and Targets Saudi Listing by 2029

COFE Tech, which began in Kuwait as an online coffee marketplace, closed a pre-IPO funding round at a $178 million valuation without disclosing the investment amount. The company plans to use the funding to expand its AI-powered procurement and enterprise commerce solutions in the region, while targeting a Saudi listing by 2029.

2026-09-02