{"id":561685,"date":"2021-04-18T04:00:20","date_gmt":"2021-04-18T04:00:20","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/18\/kemitt-secures-undisclosed-six-figure-funding-from-saudi-angel-investors\/"},"modified":"2021-04-18T04:00:20","modified_gmt":"2021-04-18T04:00:20","slug":"kemitt-secures-undisclosed-six-figure-funding-from-saudi-angel-investors","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/18\/kemitt-secures-undisclosed-six-figure-funding-from-saudi-angel-investors\/","title":{"rendered":"Kemitt secures undisclosed six-figure funding from Saudi Angel investors"},"content":{"rendered":"

<\/a> Egypt-based e-commerce startup <\/strong>Kemitt<\/a><\/strong> has secured an undisclosed six-figure <\/strong>investment in a seed funding round from <\/strong>Saudi Angels<\/a><\/strong>, it said in a press release<\/a>. Kemitt plans to use the funds to expand its team and further develop its technology, with an eye to expand into new markets, starting with Saudi Arabia, the statement said. Kemitt acts as an online marketplace connecting product and furniture designers with customers, while the company itself \u201chandles all the manufacturing, overhead, and last-mile logistics.\u201d Kemitt offers a range of online payment options and financing plans, creating a digital end-to-end home shopping experience.<\/p>\n","protected":false},"excerpt":{"rendered":"

Egypt-based e-commerce startup Kemitt has secured an undisclosed six-figure investment in a seed funding round from Saudi Angels, it said in a press release. Kemitt plans to use the funds to expand its team and further develop its technology, with an eye to expand into new markets, starting with Saudi Arabia, the statement said. Kemitt […]<\/p>\n","protected":false},"author":1,"featured_media":561686,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7258],"tags":[72,219,95,200],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-561685","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-startup-watch","tag-enterpriseam","tag-saudi-arabia","tag-startup-watch","tag-venture-capital","wpautop","entry"],"acf":{"mongo_id":"4dc37828-325b-4cbd-b544-607f3ee861c6","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2021\/4\/172.jpg","photo_position":"above","related_issue":[561675],"teaser":"","voice_url":""},"yoast_head":"\nKemitt secures undisclosed six-figure funding from Saudi Angel investors - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2021\/04\/18\/kemitt-secures-undisclosed-six-figure-funding-from-saudi-angel-investors\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Kemitt secures undisclosed six-figure funding from Saudi Angel investors\" \/>\n<meta property=\"og:description\" content=\"Egypt-based e-commerce startup Kemitt has secured an undisclosed six-figure investment in a seed funding round from Saudi Angels, it said in a press release. Kemitt plans to use the funds to expand its team and further develop its technology, with an eye to expand into new markets, starting with Saudi Arabia, the statement said. 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The company had previously raised USD 400k in seed funding in 2019.About Raseedi: The telecom app launched\u2026","rel":"","context":"In "Startup watch"","block_context":{"text":"Startup watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/startup-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/12\/210.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":570133,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/19\/egyptian-fitness-startup-elcoach-raises-undisclosed-usd-six-figure-seed-funding\/","url_meta":{"origin":561685,"position":3},"title":"Egyptian fitness startup ElCoach raises undisclosed USD six-figure seed funding","author":"enterpriseam admin","date":"19 March 2020","format":false,"excerpt":"STARTUP WATCH- Egyptian Fitness startup ElCoach has raised USD six-figure seed funding from investors that include Endure Capital, 500 Startups (500 Falcons), and Wise Capital, along with local angel investors, Menabytes reports. 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