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Qatari Logistics Tech Startup Pass Secures QR10M Funding for Saudi, Egypt Growth

Team QT by Team QT
October 26, 2024
in Funding, Qatar Business News, Technology
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  • Pass has raised over QR10 million in its pre-Series A funding round, highlighting its growing influence in the tech industry.
  • CEO Bashar Jaber emphasizes the company’s commitment to creating a comprehensive regional logistics technology ecosystem.
  • The newly secured capital will facilitate Pass’s expansion into Egypt and Saudi Arabia, allowing for broader market reach.
  • The company aims to enhance quality of life while maintaining a focus on sustainability and social impact in its operations.

Qatar’s innovative tech startup, Pass, has successfully raised over QR10 million in its recent pre-Series A funding round. This achievement highlights the company’s growing impact on supply chain logistics, offering efficient services that significantly enhance everyday life.

Driving Innovation in Logistics

Under the leadership of CEO and Founder Bashar Jaber, Pass is dedicated to revolutionizing logistics through advanced technological solutions. The newly acquired funds will facilitate the startup’s expansion efforts into key markets, including Egypt and Saudi Arabia.

This strategic move aims to strengthen Pass’s position within the competitive logistics sector while enabling the development of new products tailored to the needs of these markets.

Commitment to Community and Social Impact

Bashar Jaber expressed enthusiasm regarding the robust support from investors, emphasizing their belief in Pass’s vision. He stated that this funding brings the company closer to its goal of creating a comprehensive logistics technology ecosystem that serves regional communities effectively.

Pass’s commitment to innovation extends beyond mere business objectives; it aims to foster social impact by improving service standards in delivery logistics across the region.

Focus on Sustainability and Excellence

Founded in Qatar, Pass is driven by a mission to enhance lives through sustainable and innovative solutions. The company has rapidly gained recognition for its commitment to excellence, both locally and on the global stage. Pass continues to elevate delivery service standards through the integration of cutting-edge technology and new initiatives designed to meet the evolving demands of consumers.

Altogether, Pass’s successful funding round not only propels the startup’s growth but also reaffirms its dedication to improving logistics services in the region. As it ventures into new markets, Pass is poised to make a lasting impact on the communities it serves, solidifying its reputation as a leader in technology-driven logistics solutions.

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Team QT

Team QT is the collective voice behind QatarsTalk, bringing you the latest and most insightful content from Qatar. Comprised of dedicated writers, researchers, and journalists, Team QT focuses on delivering high-quality articles on a wide range of topics, including local news, business trends, cultural highlights, and personal stories. Their mission is to inspire, connect, and influence the community by sharing diverse narratives and valuable insights about life in Qatar. With a passion for storytelling, Team QT ensures that every piece resonates with the readers.

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