$1.5M
Seed
- Saudi Arabia
- October 28, 2024
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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Undisclosed
Acquisition
- Egypt
- September 09, 2024
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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$2.8M
Seed
- Oman
- September 09, 2024
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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