BIM Ventures invests in WeDeliver
- Saudi Arabia-based logistics provider WeDeliver has raised a pre-Series A round from BIM Ventures during the LEAP 2023 event.
- Founded in 2020 by Ahmad Ramahi and Mohammad Abu Kwaik, WeDeliver is a B2B logistics and last-mile delivery services provider.
- This investment aims to expand the company's operations in Saudi Arabia and to develop specialised fintech solutions in the logistics sector, which will be launched this year.
Press release:
Today BIM Ventures announced its investment in WeDeliver, a technology solutions company in the logistics sector, in a pre-series A investment round during the leap 2023 global Tech Event. This investment aims to expand the company's operations in Saudi Arabia and to develop specialised fintech solutions in the logistics sector, which will be launched this year.
BIM Ventures is the Diamond sponsor of the second edition of Leap this year, which brought together thousands of experts, investors, business leaders, and technology enthusiasts from around the world, and launched many investment initiatives in the kingdom. The conference lasted for four days and ended today in Riyadh.