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Wa’ed Ventures backs COFE Tech ahead of IPO at $178M valuation

Kuwait-founded COFE Tech secured funding from Saudi Aramco’s Wa’ed Ventures and other investors ahead of its IPO. The round valued COFE Tech at $178 million, co-led by Wa’ed Ventures and Aditum, with participation from Masarrah and Alya.

By Staff WriterKuwait-founded COFE Tech has secured funding from Saudi Aramco’s Wa’ed Ventures and other investors ahead of its initial public offering (IPO).The investment at a $178 million valuation was co-led by the oil giant’s investment arm and Aditum, with participation from Masarrah and Alya…