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COFE App Raises $15 Million in Series B Funding Round Led by Wa'ed Ventures & eWTP Arabia Capital

COFE App Raises $15 Million in Series B Funding Round Led by Wa'ed Ventures & eWTP Arabia Capital

By Staff Writer 13 March 2023
COFE App Team
  • The latest funding round makes COFE App one of the leading coffee marketplace in the USD 44 Billion MENA Market

  • Last year, the company announced a partnership with the Saudi Coffee Company (SCC), a PIF-backed initiative with a mandate to invest SAR 1.2 billion (USD 319 million) in the national coffee sector by 2030.

  • Electronic World Trading Platform (eWTP) is initiated by Alibaba Group that brings to the table deep understanding of China’s technology ecosystems and a broad network of Chinese top entrepreneurs. 

 

Press Release - COFE, MENA’s premiere online coffee marketplace has announced the successful completion of its Series B funding round, raising USD 15 million in investmen

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