{"id":647721,"date":"2017-05-17T03:44:30","date_gmt":"2017-05-17T03:44:30","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/17\/fetchr-completes-usd-41-mn-series-b-financing\/"},"modified":"2017-05-17T03:44:30","modified_gmt":"2017-05-17T03:44:30","slug":"fetchr-completes-usd-41-mn-series-b-financing","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/17\/fetchr-completes-usd-41-mn-series-b-financing\/","title":{"rendered":"Fetchr completes USD 41 mn series B financing"},"content":{"rendered":"

Dubai-based delivery business <\/strong>Fetchr<\/strong><\/a> announced raising USD 41 mn series B<\/strong> financing round led by New Enterprise Associates (NEA),<\/strong> according to CPI Financial<\/a>. Other investors in the round include Nokia Growth Partners, Raed Ventures, Iliad Partners, BECO Capital, YBA Kanoo , Venture Souq, and Swicorp. The funding will be using to \u201ccontinue expanding globally and developing its proprietary technology.\u201d Fetchr, which currently operates in UAE, Saudi Arabia, Egypt, and Bahrain, \u201ctackles the \u2018no address problem\u2019 in emerging markets, typically encountered by traditional companies delivering packages to customers\u201d by \u201cgoing directly to customers\u2019 phone and capturing the geo-location for package deliveries.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

Dubai-based delivery business Fetchr announced raising USD 41 mn series B financing round led by New Enterprise Associates (NEA), according to CPI Financial. Other investors in the round include Nokia Growth Partners, Raed Ventures, Iliad Partners, BECO Capital, YBA Kanoo , Venture Souq, and Swicorp. The funding will be using to \u201ccontinue expanding globally and […]<\/p>\n","protected":false},"author":1,"featured_media":0,"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":[9257],"tags":[72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-647721","post","type-post","status-publish","format-standard","hentry","category-on-your-way-out","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"1675aa88-5022-491f-ab2a-53dd2274ca21","order":"0","is_powered_by":true,"section_story_id":"9b0ab61b-487f-4fb7-b273-6b3ef031a45b","story_type":"1","photo_url":"","photo_position":"above","related_issue":[647677],"teaser":"","voice_url":""},"yoast_head":"\nFetchr completes USD 41 mn series B financing - 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\/2017\/05\/17\/fetchr-completes-usd-41-mn-series-b-financing\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fetchr completes USD 41 mn series B financing\" \/>\n<meta property=\"og:description\" content=\"Dubai-based delivery business Fetchr announced raising USD 41 mn series B financing round led by New Enterprise Associates (NEA), according to CPI Financial. Other investors in the round include Nokia Growth Partners, Raed Ventures, Iliad Partners, BECO Capital, YBA Kanoo , Venture Souq, and Swicorp. 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