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Coffe Technologies Company completed a $178 million investment round led by Aramco's Waaqed Ventures Fund, aiming to expand in regional markets and list the company on the Saudi stock market by 2029. The company develops a unified technological system that uses artificial intelligence to manage procurement, sales, and inventory, working to strengthen its operations in Saudi Arabia, the UAE, and Kuwait, leveraging the entrepreneurship environment in the Gulf. It was founded in Kuwait in 2018 before expanding, focusing on AI solutions for supply chain management and digital commerce, based on three main pillars: smart procurement, digital trading, and consumer experience.
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