Pre-IPO funding round · Enterprise software

COFE Tech closes pre-IPO financing at $178M valuation

COFE Tech closed a pre-IPO financing at a reported $178 million valuation; the amount invested was not disclosed.

Wa’ed Ventures, Aditum Investment Management, Masarrah Investment Company and Alyasra Foods backed the round.

The company plans MENA expansion and preparation for a targeted Saudi Exchange listing in 2029. At the September announcement it reported more than 1,000 business customers across Gulf markets.

Use of funds

Expand across MENA

Prepare for a targeted Saudi Exchange IPO by 2029

Funding history

Pre-IPO funding round · This roundUndisclosed
Pre-Series A$3.2M

Sources

  1. COFE Tech closes pre-IPO round at $178 million valuationwamda.com · Sep 2, 2026
  2. COFE Tech Closes Pre-IPO Fundingfinsmes.com · Sep 2, 2026