Middle East family offices Al Kadi and Al Zamil, UAE investment firm Dhabi Holding and Dubai investment firm Delta Partners, as part of a consortium invested $11 million in the online logistics firm The Fetchr.
This series A funding is led by US venture capital firm New Enterprise Associates. The Fetchr's app is tailored for package delivery in places and countries where there are unreliable physical addresses. Fetchr delivers 97 percent of packages same day or overnight, and a return process that picks up within 30 minutes.
Al Zamil Family Office is listed in the Middle East Investors Directory with the code BFD34.
More details followsContinue ... »