Cairo-based-Yumamia raises $1.5 million Pre-Series A

Egyptian startup to revolutionize the food & beverage industry: Yumamia raises a Pre-Series A $1.5M investment round

Egyptian Food Tech Startup Yumamia Raises $1.5M

EGYPTIAN FOODTECH STARTUP, YUMAMIA, RAISES $1.5 MILLION IN PRE-SERIES A FROM SAUDI FIRM

Egyptian foodtech startup Yumamia raises $1.5 million Pre-Series A, plans expansion to Saudi

Cairo-based foodtech startup Yumamia has raised $1.5 million in a Pre-Series A round led by Saudi-based boutique consulting firm Pure Consulting. This brings Yumamia's total funding to $2.8 million. Founded in 2014, Yumamia started as a healthy food delivery platform but has expanded into corporate catering. They partner with F&B outlets, using a franchise-like model, to provide meals to companies through their ordering platform. Yumamia plans to use the investment to expand to Saudi Arabia and accelerate growth in Egypt.

Egyptian Foodtech Startup Yumamia Raises $1.5M Pre-Series A

Yumamia is a Cairo-based foodtech startup that started as a food delivery platform delivering healthy food prepared by professional chefs. They have expanded into corporate catering, partnering with F&B outlets to help them monetize underutilized resources. Yumamia uses a franchise-like model where these outlets operate using their existing resources while following Yumamia's operating rules and recipes. They sell food to companies through their corporate catering solutions, and their ordering platform allows employees at partnered companies to order food daily. Yumamia charges the companies, who can either provide the food for free as a perk or deduct the monthly invoices from employee payrolls.

Yumamia is a Cairo-based foodtech startup that delivers healthy meals and provides corporate catering solutions.

6 years ago

Egyptian Foodtech Startup Yumamia Raises $1.5M Pre-Series A

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