Sahaby, Saudi-based virtual F&B brands startup, raised seed funding at an $8.6M valuation led by Awaed Investment Company for 15% equity in the startup
The startup was founded in 2021 and is specialized in creating cloud brands in the field of food and beverages, Sahaby already launched one virtual F&B brand to market: Bubef.
Sahaby also aims to expand the scope of its business in a number of Saudi cities, to acquire a large share in the cloud kitchen markets sector.
Also read: Creative+ Cloud Kitchens raises $1m in its first funding round
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