Revival Lab signs a $13.2m investment partnership with United Investments to support F&B startups

Revival Lab signs a $13.2m investment partnership with United Investments to support F&B startups

Revival Lab, a venture builder, signed an investment partnership with United Investments, an investment company in the food and beverage sector, to support entrepreneurs and startups in the F&B industry.

The partnership aims to encourage and support the growth of new ventures in the food and beverage sector in Saudi and promote the shift towards cloud kitchens.

“The agreement will provide unique opportunities to support male and female entrepreneurs as the industry shifts to cloud kitchens. It also seeks to develop startups in this field by building an integrated system that supports financial sustainability and good return on investment for investors,” Mohammed bin Abdulaziz AlMaghlouth, CEO of Revival Lab, said.

United Investments launched in 2022 to build scalable brands and acquire more than 30 new and fast-growing brands in Saudi Arabia.

Revival Lab recently launched a new venture builder named Fintactics Ventures, the venture builder will be specialized in FinTech, insurance, and regulatory technologies in the region.

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