Monday, June 30, 2025
24.8 C
London
HomeFinTechGrubtech: Raises $3.4M in Pre Series A Funding

Grubtech: Raises $3.4M in Pre Series A Funding

Date:

UK Tribunal Rules Visa and Mastercard Interchange Fees Breach Competition Law

Landmark decision finds payment giants’ multilateral interchange fees unlawful,...

UK Tribunal Rules Visa and Mastercard Fees Violate Competition Law

Landmark Decision Could Reshape Payment Processing LandscapeHighlights: The UK...

Belgium Prosecutors Investigate Worldline Local Unit for Potential Misconduct

An In-Depth Look into the Probe and Its Implications...
  • Grubtech, a Dubai, United Arab Emirates-based SaaS platform for cloud kitchens and delivery-centric restaurants, secured $3.4m in pre–Series A funding
  • Backers included large regional family offices, a US-based venture capital firm as well as angel investors led by Ghassan Oueida and Gry Loseth
  • The company will use the funds to further accelerate product development and expand across MENA, Europe and the Americas
  • Led by CEO Mohamed Al Fayed, grubtech isa company dedicated to empowering delivery-centric restaurants, virtual brands, and cloud kitchens through a purpose-built SaaS platform
  • Grubtech integrates with third parties like food aggregators, logistics providers, points-of-sale solutions and ERPs
  • Since 2019, the company has served hundreds of brands and kitchens in MENA, including Delivery Hero’s cloud kitchen in Abu Dhabi, iKcon, Eathos, Azadea, and more

Related stories

spot_img

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories