Jeddah-based logistics tech firm Logexa secured USD 2 mn in a pre-Series A funding round, according to a press release. The funding round saw the participation of Seedra Ventures, Nour Nouf Ventures, and a group of angel investors.

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Where will the money go? The company plans to use the funds to expand its operations across several cities in the Kingdom, develop its technology platform, build an integrated digital marketplace, and enhance digital solutions and real-time tracking and data analytics applications.

About Logexa: Founded in 2021 by Husam Sendi (LinkedIn) and Husam Sabano (LinkedIn), Logexa is a digital logistics platform that connects storage and transport service providers with users through a unified digital interface. The startup aims to capitalize on underutilized storage and transport spaces.

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