Grubtech secures $3.4 Million to expand its cutting-edge technology for cloud kitchens
DUBAI, United Arab Emirates, March 16, 2021 /PRNewswire/ 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.
The F&B sector is rapidly transforming, driven by strong demand for online food delivery that has been catalyzed by the pandemic. This has forced restauranteurs to adapt their business models to focus on delivery, mainly through food aggregators such as Talabat, Deliveroo and Hunger Station. In addition, it has accelerated the growth of
Grubtech is an end-to-end operating system that tackles the friction points arising from operating a high volume food delivery business, and unlocks the ability to serve multiple delivery-only brands from a single location.
Grubtech secures $3 4 Million to expand its cutting-edge technology for cloud kitchens prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
Grubtech secures $3 4 Million to expand its cutting-edge technology for cloud kitchens prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.