Coffee delivery app COFE raises $10mln, eyes Egypt, Turkey markets

  • Date: 27-Apr-2021
  • Source: Zawya
  • Sector:Retail
  • Country:Egypt
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Coffee delivery app COFE raises $10mln, eyes Egypt, Turkey markets

Kuwaiti coffee delivery app COFE has raised $10 million in Series B funding, which it will use to grow in existing markets and expand into new markets including Egypt and Turkey.

The company, launched in Kuwait in 2018 and developed in the USA, raised the funds from Kuwaiti investment house Al Imtiaz Investment Group.