MUSCAT : IO Kitchens, Oman’s premier cloud kitchen startup, announces the completion of a $2.8 million seed funding round. Tanmia Small-Cap Fund led the round, which was supported by a diverse group of family offices and regional investors.
“We are deeply appreciative of the trust our investors have placed in us,” said Hisham Hasan, CEO and Founder of IO Kitchens. “This capital infusion will enable us to scale our operations, enhance our proprietary technology platform, and expand our culinary portfolio, all while continuing to forge strategic partnerships that will propel IO Kitchens to new heights. Our ultimate goal is to transform the food delivery experience in Oman and beyond in a way that resonates with today’s tech-savvy consumers.”
Cloud kitchens, or ghost kitchens, are rapidly transforming the food industry by meeting the evolving preferences of modern consumers. IO Kitchens stands at the forefront of this transformation in Oman, leveraging advanced data analytics and artificial intelligence to craft food concepts that directly align with customer demands.
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The new funding will allow IO Kitchens to invest and expand significantly across Oman, increase kitchen capacities, and invest in transformative tech-based experiences, catering to the growing demand for diverse, high-quality food options.
Khalid Al Balushi, CEO of Tanmia, expressed strong enthusiasm for the partnership, stating, “We are thrilled to close our first investment in our Tanmia Small-Cap Fund and support IO Kitchens’ ambitious vision. Their innovative approach to the cloud kitchen model is poised to make a significant impact on the food delivery sector, not just in Oman, but across the region. We believe IO Kitchens is on the cusp of reshaping how food is delivered and enjoyed.”
IO Kitchens invites investors, partners, and food enthusiasts to join them to push the boundaries of what’s possible in the cloud kitchen industry.
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