Snounu, the technology startup in Qatar, has announced the closing of its second investment round of $12 million, making Snounu the first company in Qatar to achieve this. This investment round was led by Qatar Development Bank, along with the participation of many other investors.
The Founder and CEO of Snounu, Engineer Hamad Mubarak Al-Hajri, said: “We are pleased to close the second investment round with this amazing value, which came as a result of our team’s dedication and hard work to provide the best experience for our customers. We are also very grateful to our investors and their trust in us to close this funding round.”
He continued, “This financing will allow us to accelerate our growth and develop our application technology, in addition to expanding our services and strengthening our marketing efforts, which will help us get closer to building a comprehensive application where all the services a customer needs come together in one place.”
He added, “Given our commitment to Snounu’s contribution to the development of the technology ecosystem in Qatar, we always try to bring the best innovative technology solutions to the market to make the daily lives of our customers easier. Over the past few years, we have witnessed the growth of the technology sector, supported by a supportive government, growing infrastructure and numerous entrepreneurial opportunities. Sununu is one of the companies in the country that aims to transform Qatar into a technology center of global excellence in innovation and entrepreneurship.”
Sununu is a Qatar-based emerging e-commerce company that aims to revolutionize the Qatari market by providing the fastest and most diverse delivery services in the country. In addition to its exceptional services, Sununu has contributed to the Qatari economy by creating paid job opportunities and training programs for recent graduates to help them develop new skills and prepare them for the market. Sununu is also committed to reducing carbon emissions through several practices, including its recent tests with Kia in collaboration with Al-Attiyah Group to convert to electric cars.
As Snonuu develops and advances, the technology company is excited about the opportunities and challenges ahead and committed to its mission of making people’s lives in the Middle East easier and more convenient through innovative services.
