RedBox, a logistics solution provider company offering smart lockers announced its SAR 11.5m seed funding round led by Vision Ventures. The round also included participation by RAF Investments and prominent angel investors. RedBox eases last-mile delivery to eCommerce shops through its network of over 170 smart lockers around Saudi Arabia. RedBox was founded in 2019 […]
Direct-selling distribution platform Brimore has raised $3.5 million in a pre-Series A round led by Algebra Ventures, with participation from Disruptech, Vision Ventures, 500 Startups, Flat6labs and other returning investors. Co-founded in 2017 by Mohamed Abdulaziz, Ahmed Sheikha, and Mahmoud Refaay, Brimore directly connects domestic manufacturers to distributors who can sell and promote their products. […]
Jordanian cloud-based point-of-sale software startup POSRocket has announced that it has secured $5 million funds. The round is led by SANAD Fund for MSME and Algebra Ventures. Vision Ventures, Khwarizmi Ventures, Edgo Group, Innovative Startups And SMEs Fund (ISSF), Etihad Bank, Seedstars, and some angel investors also participated in the deal. It takes POSRocket’s total […]
