OpenSooq 24M Saudi Investment Fund Martinbloomberg

OpenSooq 24M Saudi Investment Fundmartinbloomberg
Fund Raised$24 Million
InvestorSaudi Government
Co-Founder/CEOAdey Salamin
Valuation $400 Million 

OpenSooq, an Online listing platform raises $24 million from Saudi Government investments. The funding round was raised by Saudi Jordanian Investment Fund in collaboration with present investors like iMENA Group and FJ Labs.

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The investment will be used for expansion of the company’s in-house built mechanism, as well for hiring 400 members of new staff to make the working even better.

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