Cofe App, a Kuwait-based coffee-centric marketplace app, raised a seven figure Series A funding.
The exact amount of the investment was not disclosed. It is known that the company was valued at USD$25m.
Backers included a consortium of regional and international strategic investors.
The funds secured during this round will support Cofe App’s worldwide expansion plans.
Led by Ali Al Ebrahim, Founder and CEO, Cofe App Since provides a mobile application that brings coffee shops including international franchises as well as artisanal shops onto one intelligent platform.