Thursday, September 19, 2024
HomeUAE UAE-Based MealPlanet has Raised $6 Million in Seed Round Funding

[FUNDING NEWS] UAE-Based MealPlanet has Raised $6 Million in Seed Round Funding

The foodtech startup MealPlanet, based in the United Arab Emirates, has raised $6 million in a seed round led by prominent businessmen Marc Lore and Samih Toukan, as well as regional Middle East Venture Partners (MEVP), AlTouq Group, Sanabil 500, Faith Capital, and Alturki Ventures.

Established in 2024 by Khalid Baareh, Mealplanet is an app that delivers meal plans and connects customers with a variety of brands. With the current funding, It will forward its plans for regional expansion, beginning in the first quarter of 2025 with Saudi Arabia.

MealPlanet, a company founded in 2024 by serial entrepreneur Khalid Baareh, fills a technology need in the sector. The first meal plan delivery app that links customers to a variety of brands is called Mealplanet. With just a few taps, users can easily find, subscribe to, and manage their meal plans on the site, which provides a lifestyle solution.

Prep & Co., Basiligo, PrepHero, The Lean Co., aleen’s, Pura, Health Road, Nutrition Kitchen, Healthy Little Secrets, Freshii, and Embody Fitness are just a few of the over 100 reputable businesses that MealPlanet presently partners with. Several more brands are in the works and will launch shortly.

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“We are thrilled to be backed by leading venture capital firms that share our vision and actively support our growth,” said Khalid Baareh, Founder and CEO of MealPlanet. “The funds will fuel our expansion plans and the continuous development of our proprietary technology stack, utilising intelligence to enhance and customise the consumer experience.” He added, “We are focused on digitising the meal plan delivery experience in the Middle East and providing consumers with unparalleled convenience, variety and flexibility.”

MealPlanet intends to expand regionally in addition to its activities in the United Arab Emirates, beginning in the first quarter of 2025 with Saudi Arabia.

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Walid Mansour, co-founder and co-CEO of MEVP, said, “We see a huge opportunity in the growing meal planning market, fuelled by the rising demand for healthy and convenient eating options. We’re excited about MealPlanet’s potential to lead this trend with their innovative technology and dedicated team. By aggregating various meal plans and offering top-notch service, MealPlanet is set to become a leader in promoting healthy lifestyles through smart technology and great offerings.”

About MealPlanet

MealPlanet is the UAE’s first meal plan marketplace. Since 2024, It has unified all meal plan brands on one site. Signing up for a meal plan should offer convenience, flexibility, variety, and a lifestyle solution.

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