Fine Diner, Dubai-based food delivery company, raised $150k in a Seed funding round.
Founded in 2019, Fine Diner is a B2B2C platform that leverages and utilises the spare capacity in fully equipped and under-utilised kitchens allowing them to host third-party delivery specific restaurants increasing their revenue stream and efficiency.
Faisal Alabdelsalam, the Lead Angel Investor, explains, “We saw an opportunity with the Fine Diner Team that we couldn’t let pass. The team is diverse and has built a business model that is very creative, lucrative and scalable. The Team’s leadership has an ironclad entrepreneurial mindset and will find solutions to multiple challenges to achieve their vision of building the largest network of kitchens in the Middle East while minimizing, if not eliminating, the CAPEX and OPEX risks of traditional dark kitchen models”.
The startup will be using the funds to expand its food delivery concepts to the rest of the UAE and across the GCC.
Also read: Joi Gifts raises $1m in a pre-Series B round
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