FinTech

Circle Raises $6 Million to Expand Regionally in the Q-Commerce Sector

  • Kuwaiti company Circle has raised $6 million in a Series A funding round with the participation of strategic investors.
  • The company is preparing to expand beyond Kuwait and plans to enter key regional markets by early 2026.
  • Circle relies on a tech-enabled infrastructure to deliver orders in under 20 minutes.

Kuwaiti quick commerce startup Circle has announced raising $6 million in a Series A funding round, with participation from a group of strategic investors. The company is preparing to expand beyond Kuwait and aims to establish a presence in key regional markets by early 2026.

Founded in 2020 by Altaf AlThekair, Circle’s mission is to deliver groceries and other products to customers’ doorsteps in under 20 minutes. The company achieves this through a tech-enabled infrastructure that includes simplified storage, real-time inventory visibility, optimized picking and packing processes, and highly efficient delivery routes.

Circle operates a network of tech-powered fulfillment centers and local dark stores to ensure product availability at all times. Its mobile app allows customers to place orders quickly and receive them with ease.

العربية (Arabic) To read the article in Arabic, click here

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