Nana, dark stores and grocery delivery startup, raises $133m in a series C funding round led by Kingdom Holding and Uni Ventures. This is considered “one of the largest investment rounds for Saudi startups,” according to the press statement.
The Series C funding round also witnessed participation from Sultan Holding, Al-Jasser Holding, Red Diamond Co, Dallah Al-Baraka Group, AlJammaz Holding, and several other investors.
“The success of this round heavily supports our expansion plans and continuity towards the provision of more diversified services that serve all stakeholders,” Sami Alhelwah, CEO of Nana, said.
Nana was founded in 2016 and is a digital grocery shopping platform in Saudi Arabia that is dedicated to fulfilling daily, weekly, and monthly household grocery needs.
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