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Sunday, September 6, 2026 6:1 GMT

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Top News of Saudi Arabia

Saudi Aramco’s Wa’ed Ventures Invests in COFE Tech Ahead of IPO

published:06/09/2026 03:08 GMT

COFE Tech (formerly COFE APP), the leading operator of agentic AI enterprises and provider of intelligent procurement and AI-powered commerce infrastructure to more than 1,000 businesses across the GCC, announced at LEAP 2026 in Riyadh the close of a pre-IPO funding round valuing the company at US$178 million. The round was co-led by Wa'ed Ventures, the venture capital arm of Aramco, and Aditum Investment Management, regional fund partner to global asset managers including BlackRock, alongside...More


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