Trukker raises $96m in latest funding round to expand globally – The National
- Date: 14-Feb-2022
- Source: The National
- Sector:Financial Markets
- Country:Saudi Arabia
Trukker raises $96m in latest funding round to expand globally – The National
Trukker, which provides an Uber-like digital network for lorries and pick-up trucks in the Mena region, raised $96 million in its latest funding round as it looks to expand operations internationally.
The latest funding round included a combination of series B equity and debt funding, the Saudi start-up said in a statement.
The equity funding was led by Abu Dhabi holding company ADQ and Riyadh-based venture capital fund STV, with the participation of Mubadala Investment Company. Existing investors Riyad Taqnia Fund and Shorooq Partners also took part in the round.