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19 May 2017

Fetchr takes delivery of $41m

Majid Al Futtaim, Nokia, Almajdouie and Kanoo are among the investors in a series B round for Fetchr, which enables shipping to locations that do not have an address.

Author: Thierry Heles, Reporter

United Arab Emirates-based logistics technology provider Fetchr has raised $41m in a series B round backed by retail and leisure group Majid Al Futtaim as well as conglomerates Almajdouie and Kanoo.