INSEAD-Day

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Ozempic maker lowers outlook

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Kimberly-Clark to buy Kenvue

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BYD Q3 profit down 33%

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AHOY raises $20m in financing

Since its launch in 2018, AHOY has raised a total funding of $27 million. AFP
  • AHOY uses tech-driven infrastructure to optimize mobility for enterprises, and will use its latest funding to expand its reach to African and Latin American markets
  • It has grown 25 times in terms of revenue, number of transactions, and tech deployment from 2020 to 2021

AHOY, a UAE and Saudi operating logistics startup, has raised $20 million in financing from undisclosed investors.

AHOY uses tech-driven infrastructure to optimize mobility for enterprises, and will use its latest funding to expand its reach to African and Latin American markets.

Since its launch in 2018, AHOY has raised a total funding of $27 million. It has grown 25 times in terms of revenue, number of transactions, and tech deployment from 2020 to 2021.