Saudi startup Wasel Lee secures $133,000 seed round


Saudi-based logistics platform Wasel Lee has announced a $133,000 Series A round of funding, led by three individual investors. The platform, which is one of the projects incubated by the Badir Program for Technology Incubators and Accelerators at the Abha incubator, plans to use the funds to introduce new products and features, and further develop its technology and grow its team in the southern region of Jizan.

Founded in 2017, Wasel Lee helps users to request food supplies, special services, daily supplies, mail receipts and other services that can be delivered as per the convenience of the user.

(Reference: http://www.arabnews.com/node/1268496/corporate-news)