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Startups Updates

By: Mubarak Alreshidi

· Startups

We are dedicating this page to celebrate the achievements of Kuwaiti startups community and spotlight their big success stories .

Tabeeby Raises $770,000

Tabeeby is a Kuwaiti-based medical directory has successfully secured a US$770,000 from Ground One Ventures, a private investment company based out of United Kingdom. This investment will be used to enhance and develop Tabeeby’s platform and technical development which will serve their clients and potential users in the future.

Source: Arabian Business

Online Coffee Marketplace “COFE” raises $3.2 mil in Pre-Serie A

Another success story comes from the Kuwait App … COFE. For those who are unaware of COFE, COFE is simple a marketplace for café that delivers your cofe to your doorsteps or office. The minds behind it have secured an investment of $3.2 Mil in Pre-Series A. The round was led by Kuwait’s KISP Ventures with Lebanon’s Cedar Mundi, Oman’s Towell Holding International, Takamul Capital and Dividend Capital from Bahrain, and Nizar AlNusif Sons Holding and Arab Investment Company from Kuwait.

Nalbes raises $2 million for its Series B Round

Nalbes is an online fashion marketplace that is focusing on the GCC region has successfully secured a $2 million in its series B Round from undisclosed investors. Founded in early 2017 by Abdulaziz Alanzi & Bader Alanzi, Nalbes sells clothing, bags, shoes, and accessories for men, women, and kids, through its website and mobile apps.

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