- Logexa Secures $2 Million Pre-Series A Funding to Support Saudi Arabia’s Warehousing and Logistics Sector
- Logexa Announces $2 Million Pre-Series A Funding Round in Partnership with Seedra Ventures, Nour Nouf Ventures, and Angel Investors
Saudi Arabia-based logistics technology company Logexa has successfully closed a $2 million pre-Series A funding round, led by Seedra Ventures, Nour Nouf Ventures, and a group of angel investors.
The newly raised capital will support Logexa’s expansion plans within the Kingdom and the development of its digital ecosystem aimed at driving technological and sustainable transformation in the logistics sector.
Logexa focuses on enhancing warehouse and shared transportation operations by maximizing underutilized storage and transport capacities.
Through its unified digital platform, the company connects service providers with clients, enabling real-time, more efficient logistics operations.
The funding will be used to advance several strategic initiatives, including:
Developing its platform to optimize warehouse management and supply chain operations with greater efficiency and intelligence.
Building a comprehensive digital marketplace that brings together logistics and warehousing service providers with customers.
Integrating technology solutions with real-time tracking and data analytics applications.
These efforts align with Saudi Arabia’s Vision 2030, which emphasizes digital transformation within the logistics services sector.
Logexa was founded four years ago by Hussam Sand and Hussam Sbano, two Saudi entrepreneurs with extensive experience in supply chain and technology management.
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