Kuwaiti quick-commerce startup Circle has successfully raised $6 million in a Series A funding round from a consortium of strategic investors. This funding solidifies Circle’s position in the local market and sets the stage for regional expansion.
Founded in 2020 by Altaf AlThekair (CEO), Circle focuses on delivering a fast and convenient shopping experience.
Feroze Choudhry later joined the executive team as Chief Operations Officer (COO), supporting the company’s mission to deliver products to customers’ doors in under 20 minutes.
Operating through a network of dark stores and hyperlocal fulfillment centers, Circle ensures continuous product availability and leverages advanced technology including live inventory visibility, optimized pick-and-pack processes, and intelligent routing algorithms to guarantee accuracy and speed.
Headquartered in Kuwait City, Circle offers a user-friendly app that enables customers to place orders within seconds.
According to Altaf AlThekair, CEO:
“This Series A funding is a crucial step towards realizing our vision for quick commerce in the region. We look forward to expanding beyond Kuwait by 2026, while maintaining our commitment to quality and speed.”