Kuwait-born and UAE-based q-commerce and foodtech, Talabat, has acquired 100% of UAE-based online marketplace, ..Read More

Kuwait-born and UAE-based q-commerce and foodtech, Talabat, has acquired 100% of UAE-based online marketplace, InstaShop, from Delivery Hero SE for $32 million, making it a wholly owned subsidiary. The acquisition strengthens Talabat’s grocery and retail offerings across MENA. Founded in 2015, InstaShop operates in the UAE, Bahrain, Egypt, Lebanon, and Qatar. Talabat, founded in 2004, was previously acquired by Rocket Internet for $170 million in 2015.
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Saudi Arabia-headquartered foodtech, Calo raised $25 million in its Series B funding round, led by Nuwa Capita ..Read More

Saudi Arabia-headquartered foodtech, Calo raised $25 million in its Series B funding round, led by Nuwa Capital with participation from STV, Khwarizmi Ventures, and regional family offices. Founded in Bahrain in 2019 by Ahmed Alraw and Moayed Almoayed, Calo provides personalised meal subscriptions for health-conscious customers. The company, which operates across Saudi Arabia, UAE, Bahrain, Qatar, and Kuwait, has raised a total of $26 million to date, with previous backing from Vision Ventures, 500 Startups, Savour Ventures, Nama Ventures, and other angel investors.
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Saudi Arabia-based foodtech startup Nabt has secured $1.5 million in a Seed funding round led by Merak Capital ..Read More

Saudi Arabia-based foodtech startup Nabt has secured $1.5 million in a Seed funding round led by Merak Capital, along with contributions from other angel investors. Founded in 2022 by Abdullah Alotaibi, Nabt operates a B2B marketplace that links farmers directly with businesses. This capital will help Nabt advance product development and broaden its market presence. Nabt is also part of the Sunbolah FoodTech Accelerator, a program by the Ministry of Environment, Water, and Agriculture aimed at nurturing innovative companies in the agricultural sector.
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Entlaq, an Egypt-based company supporting entrepreneurs, has acquired a stake in the Egyptian foodtech Brotinn ..Read More

Entlaq, an Egypt-based company supporting entrepreneurs, has acquired a stake in the Egyptian foodtech Brotinni for an undisclosed amount. Founded in 2020 by Dalia Abu Omar, Brotinni is a dark store specializing in online meat and poultry sales. The investment will help Brotinni expand its operations within Egypt and into regional markets.
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Oman-based cloud kitchen IO Kitchens has secured funding led by Tanmia Small-Cap Fund, with support from famil ..Read More

Oman-based cloud kitchen IO Kitchens has secured funding led by Tanmia Small-Cap Fund, with support from family offices and regional investors. Founded in 2021, IO Kitchens provides a variety of delivery-only meals and currently operates three cloud kitchens with over 30 F&B brands. The investment will enable the company to expand its operations across Oman.
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