About iKcon
iKcon is a company based in Dubai (United Arab Emirates) founded in 2019 by Kareem Abughazaleh and Khalid Baareh was acquired by REEF in November 2021. iKcon has raised $25 million across 2 funding rounds from investors including REEF, Alhokair group and Mohamed Yousuf Naghi & Brothers Group.
- Headquarter Dubai, United Arab Emirates
- Founders Kareem Abughazaleh, Khalid Baareh
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Sectors
Industrial Goods & Manufacturing
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Funding Insights of iKcon
iKcon has successfully raised a total of $25M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $20 million completed in March 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in iKcon
iKcon has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include REEF, Alhokair group and Mohamed Yousuf Naghi & Brothers Group.
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Investor details for iKcon
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Investments & Acquisitions by iKcon
Investment portfolio details for iKcon
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Financial Statements - iKcon
Detailed financials for iKcon
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Ikcon Comparisons
Peer comparison for iKcon
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Competitors of iKcon
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Latest news on Ikcon
Complete news archive for iKcon
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Frequently Asked Questions about iKcon
iKcon was founded in 2019 and raised its 1st funding round 1 year after it was founded.
iKcon is headquartered in Dubai, United Arab Emirates. It is registered at Dubai, Dubai, United Arab Emirates.
Khalid Baareh is the current CEO of iKcon. They have also founded this company.
iKcon is a funded company, having raised a total of $25M across 2 funding rounds to date.
iKcon was established in 2019 in Dubai, United Arab Emirates, as a manufacturer of kitchen equipment. Production operations are centered on creating various tools and appliances for commercial and residential use. The company operates within the manufacturing sector, with leadership provided by co-founders Khalid Baareh, serving as CEO, and Kareem Abughazaleh, as COO. Focus is maintained on regional markets in the UAE.
iKcon has 8 investors. Key investors include REEF, Alhokair group, Mohamed Yousuf Naghi & Brothers Group, Derayah VC, and B&Y Venture Partners.