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Oman-based IO Kitchens Raises USD 2.8M in Seed Round

Oman-based IO Kitchens Raises USD 2.8M in Seed Round

– IO Kitchens, Oman’s leading cloud kitchen startup, has completed a successful seed funding round led by the Tanmia Small-Cap Fund and supported by various family offices and regional investors, setting the stage for significant growth and innovation.

– The new capital will enable IO Kitchens to scale operations, enhance its proprietary technology platform, and broaden its culinary portfolio, aiming to meet the rising demand for high-quality, convenient food delivery options across Oman.

– Khalid Al Balushi of Tanmia expressed strong support for IO Kitchens’ innovative cloud kitchen model, which is expected to transform the food delivery sector both in Oman and across the region, reshaping how food is delivered and enjoyed.

IO Kitchens, Oman’s leading cloud kitchen startup, has announced the successful completion of a $2.8 million seed funding round, setting the stage for accelerated growth and innovation, according to a company’s statement.

The funding, led by the Tanmia Small-Cap Fund and supported by a range of family offices and regional investors, marks a significant milestone in IO Kitchens’ mission to transform the food delivery industry in Oman and the surrounding region.

The startup is to meet the increasing demand for convenient, high-quality food delivery services.

“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.”

Cloud kitchens, or ghost kitchens, are rapidly evolving to meet modern consumer preferences.

The new investment will facilitate significant expansion across Oman, increase kitchen capacities, and support the development of innovative tech-driven experiences to cater 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.”

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