IO Kitchens, the leading cloud kitchen startup in Oman, is thrilled to announce the successful conclusion of a $2.8 million seed funding round.
This announcement positions the company for accelerated growth and innovation. IO Kitchens’ journey to revolutionize the food delivery industry in Oman and the broader region is marked by this milestone financing, which is led by Tanmia Small-Cap Fund and supported by a diverse group of family offices and regional investors.
The investment serves as a testament to the substantial investor confidence in IO Kitchens’ strategic vision and the potential for long-term growth. IO Kitchens is in an exceptional position to capitalize on the increasing demand for high-quality, convenient food delivery options.
Cloud kitchens, also known as phantom kitchens, are rapidly altering the food industry to accommodate the changing preferences of contemporary consumers. IO Kitchens is at the forefront of this transformation in Oman, employing sophisticated data analytics and artificial intelligence to develop food concepts that are in direct alignment with customer preferences.
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The new funding will enable IO Kitchens to significantly invest and extend its operations throughout Oman, as well as to invest in transformative tech-based experiences and increase kitchen capacities, in order to meet the increasing demand for high-quality, diverse food options.
IO Kitchens extends an invitation to investors, partners, and culinary enthusiasts to participate in their endeavor to expand the limits of the cloud kitchen industry.
Mr. Khalid Al Balushi, CEO of Tanmia, said: “We are thrilled to close our first investment in our Tanmia Small-Cap Fund and support IO Kitchens’ ambitious vision. Their innovative approach to the cloud kitchen model is poised to make a significant impact on the food delivery sector, not just in Oman, but across the region. We believe IO Kitchens is on the cusp of reshaping how food is delivered and enjoyed.”
