Dukkantek, a store management platform provider based in the United Arab Emirates, announced that it has raised $10 million in pre-series A funding.

Founded by Sanad Yaghi, Shadi Joulani and Ali Alsayegh in January 2021, the company offers advanced in-store boxes with a seamless point of sale (POS) system that can be accessed online from anywhere in the world .

Cloud-hosted software enables business owners to track transactions, monitor sales, calculate VAT, generate reports, and calculate profit margins. In addition, its cloud inventory management (IM) helps you track inventory, manage inventory value, organize inventory, manage fast-moving products, and generate reports for analysis.

The funding round follows a seed round of $5.2 million in October 2021, bringing the total funding raised to $15.2 million. These funds facilitated expansion into Kuwait, Qatar, Bahrain, Saudi Arabia, Oman and Turkey.

The recently raised $10 million in funding will provide further access to global expansion, improve the platform’s tech stack, and hire the best talent in the region.

The funding round was led by BECO Capital, with significant participation from Rocketship and Colle Capital.

Other strategic investors participating in this round include Comma Capital, AMK Investment Office, Chaos Ventures and Wamda Capital.