Arrow Labs raises $5 million in Series A

  • Date: 15-Jul-2021
  • Source: Wamda
  • Sector:Technology
  • Country:UAE
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Arrow Labs raises $5 million in Series A

Press release

Arrow Labs, the technology company uniting deskless, frontline workers - welcomes the investment of Draper Associates, the Venture Capital fund founded by renowned American investor Tim Draper, in its US$5 million Series A fundraise.

Draper Associates' investment is one of the company's first in a MENA region company, reflecting the company's excitement at the technology of Arrow Labs. Other prominent investments to date by Draper include Baidu, Hotmail, Skype, Tesla, SpaceX, and Twitter.