- Lola Do Inc raised USD 1.3M in Pre-Seed funding led by Vision Ventures, Plus VC, and angel investors.
- With the funds, it aims to expand into Saudi Arabia and GCC, enhance the platform, optimize logistics, and expand its team.
- The foodtech startup offers a tech-driven cake customization experience, enabling customers to design cakes in under a minute with high personalization and efficiency.
Expansion
What is the deal? Lola Do Inc (Lola),foodtech startup, has raised USD 1.3 million in a Pre-Seed investment round. The round was led by Vision Ventures, Plus VC and other angel investors.
Kais Al Essa, Founding Partner and CEO at Vision Ventures commented: “ We always love it when technology is used to solve real-life problems and make life easier for people. We believe Lola’s approach to cakes is disruptive and therefore envision that in the future Lola will empower cake making everywhere.”
What will they do with the funds? With the funding, Lola aims to accelerate its expansion to Saudi Arabia and the GCC region. It also aims to further enhance its platform, expand its team and optimize logistics. Additionally, it aims to set new standards for cake customization in this already dense and competitive industry.
Foodtech
How Does Lola Plan to Stand Out in Foodtech? The startup seeks to stand out in foodtech by offering a tech-driven, highly personalized experience that blends creativity, convenience, and quality. To do so, Lola aims to enable customers to design and personalize cakes to the smallest of details. Furthermore, it aims for this to be an efficient process in which customers can design cakes in 1 minute or less. Ultimately, its goal is to blend technology, personalization and operational efficiency..
Company Snapshot Lola is a customizable cake ordering service through a mobile app. It was founded in September 2023 in Bahrain and expanded to Riyadh in July 2024 and later to the UAE in December 2024.
As the demand for personalized gifting solutions continues to grow, Lola remains committed to setting new industry standards, delivering unparalleled customization options and ensuring that every celebration has Lola as its centerpiece.”
Othman Janahi, Founder and CEO of Lola
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