{"id":92981,"date":"2024-06-12T00:00:00","date_gmt":"2024-06-12T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/uae-based-contech-tenderd-closes-usd-30-mn-series-a-funding-round\/"},"modified":"2024-06-12T00:00:00","modified_gmt":"2024-06-12T00:00:00","slug":"uae-based-contech-tenderd-closes-usd-30-mn-series-a-funding-round","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2024\/06\/12\/uae-based-contech-tenderd-closes-usd-30-mn-series-a-funding-round\/","title":{"rendered":"UAE-based contech Tenderd closes USD 30 mn series A funding round"},"content":{"rendered":"

Emirati contech Tenderd closes USD 30 mn in funding round: <\/strong>UAE-based contech startup Tenderd<\/a> raised USD 30 mn in a series A funding round from both new and existing investors, according to a press release<\/a>. The round was led by AP Moller Holding<\/a>, and saw the participation of new investors, including Quadri Ventures<\/a> and Saurya Prakash (Linkedin<\/a>), and existing investors, including Aramco\u2019s venture arm, Wa\u2019ed Ventures<\/a>, Nakhla Ventures, SOMA Capital<\/a>, and Liquid 2 Ventures<\/a>. Tenderd will use the funds to develop its technology and expand its global footprint.<\/p>\n

About Tenderd: <\/strong>The company was founded in 2018 by Arjun Mohan (Linkedin<\/a>), and offers customers AI-generated data analytics to optimize asset usage and lower emissions, specifically catering to heavy industries like construction, energy, and logistics. Tenderd's current investors include Peter Thiel, Paul Graham, and Y Combinator.<\/p>\n","protected":false},"excerpt":{"rendered":"

The round was led by AP Moller Holding and saw the participation of old and new investors<\/p>\n","protected":false},"author":1,"featured_media":92982,"comment_status":"","ping_status":"open","sticky":false,"template":"","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":[1548],"tags":[324,7,25,78,147],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-92981","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-startup-watch","tag-construction","tag-enterpriseam-uae","tag-investment-watch","tag-startup-watch","tag-startups","wpautop","entry"],"acf":{"mongo_id":"47adf91b-ca9c-4759-bdeb-b785f28ef256","order":"8","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/6\/1066.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Emirati contech Tenderd closes USD 30 mn in funding round","related_issue":[92967],"teaser":"The round was led by AP Moller Holding and saw the participation of old and new investors","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/6\/.b451e755-4ba9-4595-8e4e-8867361360e0.mp3"},"yoast_head":"\nUAE-based contech Tenderd closes USD 30 mn series A funding round - UAE<\/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\/uae\/2024\/06\/12\/uae-based-contech-tenderd-closes-usd-30-mn-series-a-funding-round\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"UAE-based contech Tenderd closes USD 30 mn series A funding round\" \/>\n<meta property=\"og:description\" content=\"The round was led by AP Moller Holding and saw the participation of old and new investors\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/uae\/2024\/06\/12\/uae-based-contech-tenderd-closes-usd-30-mn-series-a-funding-round\/\" \/>\n<meta property=\"og:site_name\" content=\"UAE\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-12T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/1066.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/06\/12\/uae-based-contech-tenderd-closes-usd-30-mn-series-a-funding-round\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/06\/12\/uae-based-contech-tenderd-closes-usd-30-mn-series-a-funding-round\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"UAE-based contech Tenderd closes USD 30 mn series A funding round\",\"datePublished\":\"2024-06-12T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/06\/12\/uae-based-contech-tenderd-closes-usd-30-mn-series-a-funding-round\/\"},\"wordCount\":143,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/06\/12\/uae-based-contech-tenderd-closes-usd-30-mn-series-a-funding-round\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/1066.jpg?fit=%2C&ssl=1\",\"keywords\":[\"CONSTRUCTION\",\"EnterpriseAM UAE\",\"INVESTMENT WATCH\",\"STARTUP WATCH\",\"startups\"],\"articleSection\":[\"STARTUP WATCH\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/06\/12\/uae-based-contech-tenderd-closes-usd-30-mn-series-a-funding-round\/\",\"url\":\"https:\/\/enterpriseam.com\/uae\/2024\/06\/12\/uae-based-contech-tenderd-closes-usd-30-mn-series-a-funding-round\/\",\"name\":\"UAE-based contech Tenderd closes USD 30 mn series A funding round - 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