Grubtech secures $3.4m to expand cloud kitchen tech
DUBAI, 4 days
ago
Dubai-based Grubtech, an all in one SaaS platform for cloud kitchens and delivery-centric restaurants – has secured $3.4 million pre–Series A funding.
Investors included large regional family offices, a US-based venture capital firm as well as reputable angel investors. Having already deployed its solution across hundreds of brands and processed hundreds of thousands of orders, Grubtech will use the funds to further accelerate product development and capitalize on increased demand from Mena, Europe and the Americas.
“Grubtech has built a pioneering tech stack which is trailblazing advancements in the growing online food delivery and cloud kitchen space. We are incredibly excited about grubtech’s growth potential globally,” said a syndicate of private investors in the Mena region, led by Ghassan Oueida and Gry Loseth.