Kuwait's Circle Q-Commerce Raises $6 Million in Series A Funding for Regional Expansion
Circle, a Kuwaiti quick commerce (Q-commerce) company, has successfully closed a $6 million Series A funding round. This new capital injection is earmarked to fuel the company's ambitious plans for regional expansion, aiming to establish a presence in major markets beyond Kuwait by early 2026.
Revolutionizing Last-Mile Delivery in Kuwait
Founded in 2020 by Altaf Al-Thukair, Circle has rapidly made a name for itself in Kuwait's competitive Q-commerce sector. The company's core proposition is to deliver groceries and a variety of other products to customers' doorsteps in under 20 minutes. This impressive speed is achieved through significant last-mile innovations and a robust technical infrastructure. Key operational strengths include a simplified storage system, direct visibility into inventory, streamlined selection and packaging processes, and highly optimized delivery routes.
Funding to Fuel Expansion and Innovation
The $6 million raised in this Series A round will be pivotal for Circle. Beyond geographical expansion, the funds are expected to further enhance its technological capabilities and operational efficiencies. As Q-commerce continues to gain traction with consumers who prioritize speed and convenience, this investment will help Circle solidify its position and scale its innovative model across new territories in the MENA region.
About Circle
Circle is a Kuwait-based Q-commerce company founded in 2020. It specializes in ultra-fast delivery of groceries and other consumer goods, typically within a 20-minute window. The company leverages technology and logistical innovations to provide a seamless and rapid delivery experience for its customers. Circle aims to meet the growing demand for immediate CPG (Consumer Packaged Goods) delivery by optimizing every step of the order fulfillment process, from inventory management to last-mile logistics.
Looking Ahead
With this Series A funding, Circle is well-positioned to accelerate its growth trajectory. The company's planned expansion into major regional markets by early 2026 signals its intent to become a significant player in the broader MENA Q-commerce landscape. The focus on technological infrastructure and last-mile efficiency will be crucial as Circle navigates new market dynamics and competes in an increasingly popular sector. This move also reflects the growing investor confidence in Kuwaiti startups and their potential for regional scalability.
Source: Jawlah