COFE Tech closes pre-IPO round at $178m valuation

Procurement software alongside consumer coffee

COFE Tech combines an enterprise procurement and commerce platform with a consumer coffee marketplace. For businesses, its software links purchasing, sales and inventory and uses agentic AI to anticipate needs and take action across workflows; the consumer service connects coffee buyers with merchants.

COFE Tech has closed a pre-IPO funding round at a reported $178 million valuation. The proceeds were not disclosed. The company says it serves more than 1,000 businesses across Gulf markets and is targeting a Saudi Exchange IPO in 2029 as it expands across MENA.

Use of funds

Expand across MENA

Prepare for a targeted Saudi Exchange IPO by 2029

Funding history

Sep 2, 2026Pre-IPO funding round · This roundUndisclosed

Sources

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