Barq
Startup- Raised
- $8.9M Disclosed · not verified
- People
- 2
- Founded
- 2020
Logistics & Supply Chain
Key facts
| Fact | Confidence | Evidence |
|---|---|---|
| HeadquartersSaudi Arabia | 1 source | |
| Founded2020 | 1 source | |
| Fundraising statusunknown | no source |
Startup details
Saudi logistics startup operating an electric-vehicle fleet for fast, sustainable last-mile delivery.
Funding
Disclosed equity raised$8.9MDisclosed · not verified
| Round | Date | Amount | Confidence |
|---|---|---|---|
| Series A | Aug 17, 2023 | $4.9M | |
| Seed | Feb 7, 2022 | $4M |
- Aug 17, 2023Series A$4.9M
- Feb 7, 2022Seed$4M
Team
AB
Abdullah AlShalhoubFounder
Co-founder and CEO
Co-founder and CEOAH
Ahmad HabbalFounder
Co-founder
Co-founderRelationships
Investors
- Oryx FundParticipant
- Saudi Venture Capital CompanyParticipant
Founders & leadership
- Abdullah AlShalhoubCo-Founder
- Ahmad HabbalCo-Founder
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Partnership
barq goes live with Thunes to power real-time cross-border remittances across Saudi Arabia
Saudi digital wallet barq went live with Singapore-based Thunes, enabling its customers to send real-time international remittances to mobile wallets and bank accounts worldwide.
Added Product launchSaudi Fintech barq Taps Alipay+ to Launch Cross-Border QR Payments for 12 Million Users
The fast-growing Saudi app becomes the first Alipay+ partner in the Middle East to enable outbound cross-border QR payments.
Added PartnershipSaudi Fintech barq Becomes Riyadh Air's Strategic Payment Technology Partner
Digital-wallet fintech barq has signed a long-term agreement to build Riyadh Air's payment technology across the full transaction lifecycle.
Added