eWTP Arabia Capital
King Abdullah Financial District, King Fahd Road Floor 9, Building 305, Riyadh, Ar Riyad, 11564, Saudi Arabia
Overview
EWTP Capital Arabia is a venture capital firm that specializes in investing in emerging digital economies. It targets to partner with business models emerging in MENA as well as entrepreneurs from other markets keen to explore the MENA market. The firm aspires to build a true mix of cross-cultural hybrid teams, a recipe for sustained success and leadership.
- Total investments
- 3
- Lead investments
- 3
- Investments · 12mo
- 0
- Active investors
- 3
Sector focus
- Business Development
- Finance
- Financial Services
Investment portfolio
- Leshines
Led · Equity · Nov 2024
Leshines is the strategic supply chain solutions arm of Lenovo tasked with driving supply chain transformation and upgrading through technological innovation. It delivers digital international supply chain solutions tailored to the evolving needs of Chinese manufacturers expanding overseas, drawing on Lenovo's global industry strengths and management expertise. Lenovo, Leshines' parent, has ranked among the top ten on Gartner's Top 25 supply chain list for three consecutive years. Leshines is planning to localize operations and establish a regional presence in Saudi Arabia and the wider MENA region, and is exploring entry into the KSA‑Sino Logistics Special Economic Zone at King Salman International Airport. The company aims to build advanced digital supply chain capabilities that enable local manufacturing and regional distribution from the Zone. Its regional rollout is positioned alongside broader Lenovo partnerships and regional initiatives aligned with Saudi Arabia's Vision 2030.
- Btr.tech
Led · Series A · Nov 2023
Raha operates ShopRaha, an e-grocery platform built around the region’s first fully automated robotics fulfillment center and a chilled automated warehouse. The company also runs two primary verticals, btr.tech and Smooth Logistics, which focus on intelligence-driven logistics consultancy, systems integration, and 3PL services. Since launching ShopRaha in April 2022, the business has recorded a 3x increase in top-line. Raha was founded in 2022 and is headquartered in Kuwait. The company has raised a total of USD 14 million to date and plans to use the latest funding to strengthen its presence in Saudi Arabia and the UAE. Leadership emphasizes investing in digital infrastructure and automation to scale operations and reshape e-commerce logistics in the MENA region.
- COFE App
Led · Series B · Mar 2023
Cofe operates a mobile app that streamlines coffee ordering and connects users to a wide range of international franchises and local coffee brands through multiple services. Its Cofe Market ecommerce offering lets customers buy coffee beans, machines and other home‑brewing accessories. The platform currently operates in Kuwait, KSA, UAE, and Egypt and has international expansion in the pipeline. Founded by Ali Al‑Ebrahim in November 2018, the company positions itself as a regional marketplace for both on‑the‑go orders and at‑home coffee needs. Cofe recently completed a $15M Series B and intends to use the proceeds to accelerate growth and expand operations. COFE operates an online marketplace offering access to international chains and specialty roasters, plus machines, beans, accessories and other merchandise. Its app includes customer-centric features such as a referral program, rewards points, and gift cards to support at-home brewing and digital ordering trends. The company has sold its one millionth cup and placed among the top five startups in the Tech Innovation category at the London Coffee Shop Innovation Expo. COFE currently operates in Kuwait, Saudi Arabia, the UAE and the UK and plans expansion into Egypt and Turkey. The business intends to hire and build specialized teams in each market and to launch new products for partner vendors and baristas. The company is targeting vendor and customer acquisition as key growth levers in its operational and expansion markets. Cofe App is a Kuwait-based mobile marketplace that brings international franchises and artisanal coffee shops onto a single intelligent platform. The app enables featured shops to expand their offerings online and includes a customer rewards program for points and redemptions. It supports extensive drink customization (sugar, milk type, add-ons) and multiple delivery options, including fast delivery to office or home, store pickup, and in-car delivery. The platform also offers catering services for meetings and private banquets, on-site kiosk and barista services, and multiple payment methods including cash-on-delivery, debit/credit cards and credit on account. The app is available in both English and Arabic and is led by founder and CEO Ali Al Ebrahim. In a Series A round reported in 2019 the company secured seven-figure funding and was valued at USD$25 million; proceeds are intended to support worldwide expansion plans. Cofe App operates a coffee-centric marketplace app that connects coffeehouse chains and independent roasters with people. The company was founded in the summer of 2017 by Ali Al Ebrahim and beta launched its app in February 2018. It is based in Kuwait. In February 2019 Cofe App secured $3.2m in Pre-Series A funding. The round was led by Kisp Ventures (a fund established by KFH Capital and Cedar Mundi) and included Towell Holding International, Takamul Capital, Dividend Gate Capital, Nizar AlNusif Sons Holding and Arab Investment Company. The investment was facilitated by FTL Legal Services. The article does not disclose revenue, user metrics, valuation, or instrument details beyond the Pre-Series A funding.