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GrubTech secures USD 15 mn: Dubai-based F&B platform GrubTech raised USD 15 mn in a series B funding round led by KSA-based Jahez Group ’s VC arm, according to a press release. The round also saw participation from existing investors US-based Addition and Oryx Fund, Hambro Perks’ Mena-focused VC.
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Next up, expansion: The startup will use the funding to scale up its business and expand into Saudi Arabia, Europe, and the UK, according to the statement.
What they said: “Our products empower our customers to continue using elements of their tech stack, like a POS, while adopting new sales channels and digital solutions seamlessly, getting rid of silos within operations and data,” Grubtech’s co-founder and CEO Mohamed Al Fayed said. “We are excited to continue our push into different markets where we’ve identified strong demand and growth potential,” he added.
About GrubTech: Founded in 2019, the ecommerce platform’s flagship product, gOnline, is a comprehensive order management software designed to streamline and optimize restaurant operations by integrating all orders, payments, and operations into a unified dashboard.
