COFE Tech secures a pre-IPO investment, valued at $178 million, led by Wa'ed Ventures, Aditum, Masarrah, and Alyasra, as it moves towards a Saudi IPO.
Round Type
Venture
RiyadhSoftwareArtificial IntelligenceMachine LearningNatural Language ProcessingSaaSInvestors
Description
COFE Tech has announced the closing of a pre-IPO funding round, valuing the company at $178 million. The investment was co-led by Wa'ed Ventures, Aditum Investment Management, Masarrah Investment Company, and Alyasra Foods. This funding positions COFE Tech for a targeted IPO on the Saudi Exchange by 2029. The company aims to streamline procurement and sales processes through its AI-powered enterprise platform.
Quick answer
COFE Tech raised an undisclosed amount in a funding round, dated September 2, 2026. Investors: Aditum Investment Management, Masarrah Investment Company, Alyasra Foods and Wa’ed Ventures. COFE Tech is based in Riyadh, Riyadh Region, Saudi Arabia.
- How much did COFE Tech raise?
- COFE Tech raised an undisclosed amount in a funding round on September 2, 2026.
- Who invested in COFE Tech?
- Aditum Investment Management, Masarrah Investment Company, Alyasra Foods and Wa’ed Ventures are named as investors in this round.
- What does COFE Tech do?
- COFE Tech, formerly COFE APP, is the leading operator of agentic AI enterprises providing intelligent procurement and AI-powered commerce infrastructure to over 1,000 businesses across the Gulf.
- Where is COFE Tech based and how big is it?
- COFE Tech is based in Riyadh, Riyadh Region, Saudi Arabia.
Source: Fundz verified event record.
Who else raised in Natural Language Processing and SaaS around the same time
Companies in the same sectors as COFE Tech that raised within 45 days of this round, from Fundz verified event records.
- Goodweek raised $12M (Seed) on October 16, 2026.
- Duvo.ai raised $32M (Series A) on October 14, 2026.
- Dapta raised $6M (Seed) on October 13, 2026.
- Siena AI raised $17M (Series A) on October 6, 2026.
- Clauze.AI raised an undisclosed amount (Corporate Round) on September 9, 2026.
- Harvey raised $550M on September 9, 2026.
Who to call at COFE Tech, and when
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COFE Tech raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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