About eWTP Arabia Capital
eWTP Arabia Capital is a venture capital firm founded in 2018. It is primarily based out of Riyadh, Saudi Arabia. As of Nov 2023, eWTP Arabia Capital has invested in 6 companies. It primarily invests in Series A round in China based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to FinTech and Consumer. Most recently it participated in the $***** Seed round of Raha A lot of funds co-invest with eWTP Arabia Capital, with names like Rasameel Investment Company sharing a substantial percentage of its portfolio. eWTP Arabia Capital has team of 5 people including 4 partners.Key Metrics
eWTP Arabia Capital's List of Top Investments
eWTP Arabia Capital has a portfolio of 6 companies. Their most notable investments are in Chenhai Cloud Technology and Shenzhen Xinnuo Service Technology Co.Their portfolio spans across China and Kuwait. They have invested in Enterprise Applications, FinTech, Consumer and 6 other sectors, across stages such as Series A, Series C and 2 more. Here is the list of top investments by eWTP Arabia Capital:1. COFE
App-based platform for ordering coffee. The app is used to find nearby coffee shops and place orders directly from the app. Its application features include live order status tracking, etc. Its mobile application is available on the iOS platform.
Key facts about COFE
- Founded Year: 2017
- Location: Kuwait City (Kuwait)
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $28.2M
- Employee Count: 90 as on Aug 31, 2026
- Investors: Wa'ed Ventures, KFH Capital and 11 Others
- Latest Funding Round: Series B, Mar 14, 2023, $*****
- Highlight: Editors' Pick
2. Raha
App based retail platform for multi-category grocery products. The product catalog includes biscuits, yogurts, cupcakes, cakes, sandwiches, hotdogs, bananas, oranges, apples, and more. The mobile application is available for Android and iOS users.
Key facts about Raha
- Founded Year: 2020
- Location: Ardiya (Kuwait)
- Stage: Seed
- Total Funding till date: $14M
- Employee Count: 160 as on Aug 31, 2026
- Investors: Soor Capital and eWTP Arabia Capital
- Latest Funding Round: Seed, Nov 23, 2023, $*****
3. Surpath
Provider of AI & cloud-based e-commerce cross-border logistics solutions. The platform offers cross-border freight transportation services. It includes real-time data analysis, AI process automation, a warehouse management system, order management, and a warehouse alliance center.
Key facts about Surpath
- Founded Year: 2019
- Location: Minhang (China)
- Stage: Series A
- Total Funding till date: $15.6M
- Investors: NLVC, Matrix Partners China and 3 Others
- Latest Funding Round: Series A, Feb 13, 2023, $*****
4. Y.O.U Beauty
Key facts about Y.O.U Beauty
- Founded Year: 2019
- Location: Hong Kong (China)
- Stage: Series C
- Total Funding till date: $70M
- Employee Count: 52 as on Aug 31, 2026
- Investors: SIG, ATM Capital and 5 Others
- Latest Funding Round: Series C, Feb 16, 2022, $*****
Cloud based platform offering tax compliance management solutions. It offers compliance solutions related to sales tax and other transactional taxes including VAT. Its solutions include sales management, tax management, e invoicing compliance management, VAT management, intellectual property, fiscal reporting, product compliance certification, tax information reporting management, and more.
Key facts about Chenhai Cloud Technology
- Founded Year: 2015
- Location: Shenzhen (China)
- Stage: Series C
- Investors: Addor Capital, Oriental Fortune Capital and 3 Others
- Latest Funding Round: Series C, Aug 23, 2022, $*****
- Highlight: Editors' Pick
eWTP Arabia Capital's Year-on-Year Investment Trends
eWTP Arabia Capital has invested in 6 companies over the last 4 years, with an average of 0 new investment annually in the last 3 years. Its most recent first time investment was in Raha.eWTP Arabia Capital's Investments by Stage
eWTP Arabia Capital has made 2 investments in Series A stage, 2 investments in Series C stage with an average round size of $40M, 1 investment in Seed stage with an average round size of $7M and 1 investment in Series B stage with an average round size of $15M.Stage of entry | No. of Investments |
|---|---|
Series A | 2 |
Series C | 2 |
Seed | 1 |
Series B | 1 |
Note: We have considered here, only first round of investments
eWTP Arabia Capital's Investments by Sector
eWTP Arabia Capital has a diverse portfolio, with companies operating in the Consumer, Consumer Goods, Enterprise Applications, Food and Agriculture Tech and FinTech. Notably, it has invested in 4 Tech companies, 2 Consumer (B2C) companies, 2 Enterprise (B2B) companies and at least 2 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Consumer | 3 |
Consumer Goods | 2 |
Enterprise Applications | 2 |
Food and Agriculture Tech | 2 |
FinTech | 1 |
Others | 5 |
Note: We have considered here, only first round of investments
eWTP Arabia Capital's Investments by Geography
eWTP Arabia Capital has made most investments in China (4), followed by Kuwait where it has made 2 investments.Country | No. of Investments |
|---|---|
China | 4 |
Kuwait | 2 |
Note: We have considered here, only first round of investments
eWTP Arabia Capital's recent investments
eWTP Arabia Capital has not made any investment in 2026 so far.Here are the most recent investments by eWTP Arabia Capital:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Nov 23, 2023 | Kuwait | Seed | 8297 | ||
May 04, 2023 | China | Series A | 4787 | - | |
Mar 14, 2023 | Kuwait | Series B | 3558 | [+3] | |
Feb 13, 2023 | China | Series A | 6138 | - | |
Aug 23, 2022 | China | Series C | 5575 | [+2] |
Team profile of eWTP Arabia Capital
eWTP Arabia Capital has a team of 5 members including 4 Partners and 1 Principal located in Saudi Arabia, China and 2 more locations. eWTP Arabia Capital's team does not sit on the board of any company as of now.Here is a list of all team members in eWTP Arabia Capital:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Riyadh | - | ||
Partner | Riyadh | - | ||
Partner | Chaoyang | - | ||
Partner | Mumbai | - | - | |
Principal | Vietnam | - | - |
Co-investors of eWTP Arabia Capital
Over the past 4 years, 24 investors have co-invested in eWTP Arabia Capital's portfolio companies. This includes only funds.
- Invested before eWTP Arabia Capital: AL IMTIAZ, Cedar Mundi Ventures and 11 others have invested in rounds before eWTP Arabia Capital. There is 1 company where AL IMTIAZ has invested before eWTP Arabia Capital and 1 company where Cedar Mundi Ventures has invested before eWTP Arabia Capital.
- Top Co-investors of eWTP Arabia Capital: 11 investors entered a company along with eWTP Arabia Capital. These include investors like Rasameel Investment Company (1 company).
Recent News related to eWTP Arabia Capital
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Ewtp Arabia Capital's Technology Fund I Recognized As Top Performing Vc Fund In The Preqin League TablesPR Newswire•May 19, 2024•eWTP Capital, eWTP Arabia Capital
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Saudi CMA issues final license to VCFC, the first international fintech business licensed to provide brokerage and trading services in Saudi ArabiaZawya•Oct 11, 2023•eWTP Capital, eWTP Arabia Capital
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COFE, MENA’s coffee marketplace, raises $15m in a Series B funding roundWAYA Media•Mar 14, 2023•COFE, Wa'ed Ventures, eWTP Capital, KISP Ventures and 6 others
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Alibaba and PIF-backed fund targeting $1bn for tech startup investmentsPrivate Equity Wire•Feb 13, 2023•eWTP Capital, eWTP Arabia Capital
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Huawei launches new cloud startup programme in KuwaitTelecompaper•Dec 28, 2022•Huawei, cait.gov.kw, Rasameel Investment Company, eWTP Arabia Capital
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Chinese tech firm, eWTP Arabia Capital sign agreement to promote digital transformationChina Daily•Nov 24, 2022•eWTP Capital, eWTP Arabia Capital, China National Petroleum Corporation
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stc Group and Alibaba establish Alibaba Cloud for cloud computing in Saudi ArabiaBusiness Wire•May 26, 2022•Weber Shandwick, Alibaba Cloud, STC Group, Alibaba Group and 5 others
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Beauty brand YOU completes $40 million in Series C financing, led by Hidden Hills CapitalPEdaily•Feb 15, 2022•eWTP Capital, ATM Capital, SIG, Y.O.U Beauty and 5 others
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Stc To Invest Up To $500 Mln In Cloud Services With PartnersFinancial Post•Dec 28, 2020•Saudi Telecom, eWTP Capital, Alibaba Cloud, eWTP Arabia Capital and 1 other
