RIYADH: Dukkantek, a UAE-based store management platform, raised $10 million in a pre-series A funding round led by venture capital firm, BECO Capital, with the participation from Rocketship and Colle Capital.
“This second round of funding comes at the perfect time as we are looking to explore growth (opportunities) in additional markets, increase our team size and further advance our technology,” Sanad Yaghi, the co-founder of Dukkantek, said in a statement.
The company raised a total amount of $15.2 million after its $5.2 million seed round in October 2021.
Founded in January 2021, it uses digital transformations and end-to-end technology to support businesses with their operations, Wamda reported.
The funding round also saw participation from strategic investors including Comma Capital, AMK Investment Office, Chaos Ventures, and Wamda Capital.