RIYADH: Bahrain-based restaurant reservation platform, Eat App, raised $11 million in a series B funding round. The funding round included venture capital firms MEVP, 500 Startups, Derayah VC, Dalah Albaraka, Ali Zaid Al-Quraishi and Brothers, and Rasameel Investment Company. The firm seeks expand globally and invest in product development to support restaurants and guest
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The restaurant industry has traditionally been slow to adopt technology and innovative digital solutions. But in 2020 and 2021, the COVID-19 pandemic changed that and forced food and beverage outlets to look beyond the traditional.