UAE B2B e-commerce platform Eighty6 has raised USD 3.7 mn in a seed funding round, according to apress release. The Sanabil 500 MENA Seed Accelerator led the round, with participation from prominent GCC family offices and strategic investors with experience in the F&B industry.

Where the money will go: The funds will be used to launch in Kuwait, expand its operations in the UAE, and grow its team in Saudi Arabia, founder Abdul Kader Saadi told Enterprise Logistics. Funding will also go towards enhancing Eighty6’s technological capabilities, the press release said.

About Eighty6: Founded in 2020 by Saadi (LinkedIn),Eighty6 is a B2B e-commerce platform that aims to streamline communication and procurement processes within the F&B industry. The company aims to reduce the time and effort required to procure supplies for both vendors and suppliers.

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