HeroGo, a culinary tech startup in the United Arab Emirates, has received undisclosed funding from AngelSpark.
HeroGo was founded in 2020 with the goal of empowering local farmers and wholesalers to provide their excess food to companies and customers at a discounted price.
By providing a subscription model for access to these food resources on its digital platform, the company lowers food waste and promotes sustainability.
HeroGo recently received its diploma from Oraseya Capital’s Sandbox program, which concluded earlier this month.
HeroGo’s innovative strategy helps create a sustainable food environment by reducing food waste and saving you money. The fact that 33% of food is thrown out every day because it doesn’t meet the “perfect” grocery shop criteria is alarming.
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HeroGo’s market position is strengthened by this accomplishment, which also highlights the company’s potential in the food tech industry and draws in investors seeking out sustainable business prospects.
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This fresh investment, AngelSpark’s portfolio now stands at seven firms, and the company plans to add another in the upcoming weeks.
They deliver high-quality groceries right to your door by working with producers and importers to rescue “odd” and surplus produce that would otherwise go to waste. They show you don’t have to pay more for sustainability—you can save up to 40% on your current bill. Each HeroGo box helps save the environment, money, and food.
According to a recent analysis by MAGNiTT, this investment places AngelSpark third among early-stage investments in the MENA area and solidifies its position as one of the most active early-stage investors in the UAE.
About HeroGo
HeroGo, the MENA pioneer, uses revolutionary technologies to fight this.It’s revolutionizing grocery shopping by offering affordability, convenience, and sustainability and tackling foodsupply chain challenges.
