Kuwait-based q-commerce startup Circle has secured $6 million in Series A funding from a group of strategic investors, marking a significant milestone in its plans for regional growth. Founded in 2020 by Altaf AlThekair, Circle delivers groceries and daily essentials in under 20 minutes through a user-friendly mobile app and a smart network of dark stores and fulfilment centres.
Since launching dark stores in mid-2023, Circle has experienced 7x revenue growth in Kuwait by focusing on hyperlocal speed, real-time inventory, and seamless customer experience. The startup’s last-mile innovations include streamlined warehousing, optimized pick-and-pack operations, and intelligent routing to ensure on-time delivery while maintaining product quality and rider safety.
With this new capital injection, Circle aims to expand into key MENA markets by early 2026, leveraging its efficient infrastructure and tech-driven approach to become a regional leader in retail innovation. CEO Altaf AlThekair highlighted the company’s mission to combine speed with purpose, empowering customers with reliable and convenient quick commerce.
Circle’s growth aligns with the projected $100 billion potential of quick commerce across the MENA region, positioning the startup to redefine how everyday essentials are delivered with speed and precision.
