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Saudi Arabia's RedBox logistics startup raises $3m

Saudi Arabia-based startup RedBox, a logistic solution provider offering smart lockers, has raised SR11.5 million ($3 million) in a seed round. With a network of over 170 smart lockers — which allow customers to receive and return packages — RedBox is planning to increase that number to 800 by the end of 2022 as demand rises. Vision Ventures led the round with participation
Saudi Arabia Thamer Altuwaiyan Zun Phan Saudi Arabia Based Al Ahsa Al Kharj

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