Investcorp leads $100m Pre-IPO round in logistics startup Trukker 

RIYADH: Bahrain-based asset manager Investcorp has backed Middle Eastern logistics startup TruKKer by leading the pre-initial public offering round to raise $100 million. 

Investcorp led the funding round by investing $51 million, alongside new and existing investors who cumulatively invested $49 million, according to a press release. 

Trukker is considering a listing on several exchanges over the next two to three years including Saudi Arabia’s Tadawul, a Bloomberg report revealed.