• CarniStore secures USD 12.2M minority investment from Emirates Growth Fund to scale premium protein operations across the UAE.
• Founded in 2018, CarniStore blends traditional butchery, digital retail, and a diverse protein portfolio spanning meat, seafood, poultry, and smoked products.
• EGF partnership will enhance governance, institutional capabilities, and long-term growth while preserving CarniStore’s premium quality and entrepreneurial identity.

CarniStore

UAE-based CarniStore raised USD 12.2 million (AED 45M) in a minority investment led by  Emirates Growth Fund (EGF).

Founded in 2018 by Daniel Wanies and Fikry Boutros, CarniStore is an online butchery and smokehouse. It aims to transform how quality meat is sourced, distributed, and experienced nationwide. It seeks to combine sourcing expertise, proprietary production, and digital retail to elevate food standards across the UAE. Furthermore, its protein portfolio spans meat, seafood, poultry, and smoked specialities.

Premium Protein

Looking ahead, with the new capital, it aims to scale and expand into new verticals and products. Moreover, it aims to drive the brand towards institutional readiness and broader regional penetration.

“EGF’s strategic backing allows us to scale CarniStore with real intention, growing our operations and developing new products while protecting the premium quality and service our customers rely on. It’s an important step forward and a reminder that a UAE-born brand can lead internationally, not simply participate,” said Daniel Wanies, Co-CEO & Co-Founder of CarniStore.

Additionally, it aims to accelerate its institutional scale and expansion, partnering with its visionary founders to strengthen governance, enhance institutional capability, and drive long-term value creation, while preserving the company’s distinct identity and entrepreneurial spirit. 

As a minority investor, EGF aims to help CarniStore scale operations and expand, working closely with its visionary founders. The partnership aims to strengthen governance, build institutional capabilities, and create long-term value while preserving the brand’s unique identity.