Kitchout Inc.’s Post

Looking back to day one, it's amazing to see how far we've come—from reimagining the cloud kitchen landscape to launching KitchBRAIN, our AI-powered kitchen management platform. This technology will revolutionize how food brands and cloud kitchens operate by optimizing efficiency and decision-making at every step. A special thanks to Ministry of Communications and Information Technology of Saudi Arabia & Microsoft for Startups for providing us with the resources to scale our innovation and fuel our growth. It's an exciting time for both Kitchout and the F&B industry as we push the boundaries of culinary technology. 🚀 This is just the beginning, and I couldn’t be more proud of what’s to come. #Kitchout #KitchBRAIN #Foodtech #ProudMoment #SaudiVision2030 #DigitalTransformation #FoodTech

Shoutout to Swati Trivedi & Rabel Kaka for their insightful article in line with Gulfood Green in Dubai, diving deep into the F&B industry across the MENA region! Some highlights from the article: 🔹 The Gulf is solidifying its position as a hub for F&B innovations, particularly in cloud kitchens and tech-driven services. 🔹 While 2021 saw $822M raised, funding dipped to $18M in 2023. However, H1 2024 shows signs of recovery with $36M raised across nine deals. 🔹 UAE leads the Gulf’s F&B scene with $993M since 2010, followed by Saudi Arabia at $309M. Kitchen & Cooking Tech attracted $1.156Bn over the last decade. 🔹 Local investors are driving the MENA F&B scene, making up 79% of all investors from 2010 to H1 2024. 🔹International investors like 500 Global have made a mark, becoming the first to back an F&B startup in 2016. their numbers have declined. 🔹 Key local players like Flat6Labs, BY Venture Partners, and Shorooq Partners have been instrumental in funding regional F&B startups. 📄 Check out the article for some additional insights: https://lnkd.in/d5gq_gaD 📩 Interested in more F&B data, reach out to our sales team: https://lnkd.in/dQMHFeAA #F&BInnovation #Gulfood2024 #VentureCapital #CloudKitchens #FoodTech #MENA #UAE #SaudiArabia #Tech

In 2023 we had our biggest test thus far. Are we really able to expand beyond our comfort zone? Have we built a 'scalable' product? Or have we localized too much? And the list goes on... To put our platform to test, we headed to none other than Saudi Arabia, and right to the center of the buzz, Riyadh. Turns out that unlocking a new market is a complete different ballgame. We’re yet to find answers to more questions, but the quest continues. In the meantime, here’s some numbers to put things in perspective 📈 ▪ In Bahrain, it took us 3 years to hit the 50,000 signups milestone. In Riyadh, it took us 6 months. ▪ In Bahrain, it took us 2 years to partner with 200 brands. In Riyadh, it took us 8 months. ▪ In Bahrain, we started generating revenue 2 years after launch. In Riyadh, it was from day 1. I usually accompany this type of post with a chart to help better visualize. However, this time there’s only 1 picture I want to link. It's the one I'm most proud of and my personal highlight. Starting 2023 with a team of 8 and ending it with 31 is the reason it became a year filled with breaking records! P.S. Not shying away from how many bumps we had on our way to Riyadh – literally & metaphorically – but 4 years in a startup and a bumpy road becomes the norm 😂 Unipal #Bahrain #Riyadh

Egypt's WellPal Relocates to Saudi Arabia after Securing Investment to Accelerate Expansion WellPal, an Egyptian e-commerce platform focused on health and wellness, has relocated to Saudi Arabia after securing an undisclosed investment from an angel investor. Founded in 2019, the Flat6Labs portfolio company operates on a dropshipping model, connecting consumers with a curated selection of fitness and wellness products from suppliers. The recent investment aims to support WellPal's rapid growth in the Saudi Arabian market, positioning it as a leading platform for health-conscious consumers. The context of this expansion is the growing Middle Eastern health and wellness market, projected to grow at a compound annual growth rate (CAGR) of 6.50% between 2024 and 2032. With its relocation, WellPal plans to integrate AI-powered features that offer personalized health and lifestyle recommendations for consumers in Saudi Arabia. The company is also expanding its product range, looking to partner with local and international health brands to enhance its offerings. These plans are part of a broader strategy for further regional expansion across the MENA region. #WellPal #Ecommerce #HealthAndWellness #AI #MiddleEast #SaudiArabia #Flat6Labs #StartupExpansion #Egypt

Talabat's Bold Move: IPO on Dubai Financial Market in 2024 As one of the Middle East's leading food delivery platforms, Talabat is gearing up for a groundbreaking IPO on the Dubai Financial Market in 2024. This strategic move marks a significant milestone in the region's tech-driven economy, potentially reshaping the future of e-commerce and food delivery. Dive into the details of Talabat's ambitious plans, the expected market impact, and what this means for investors and the tech industry in Dubai. #Talabat #IPO #DubaiFinancialMarket #DFM #Ecommerce #Tech #MiddleEast #Investment #FoodDelivery #Startup #Dubai Thanks to the author of this hot topic: Aleksei Dolgikh Thanks to our partners Glocal SEO Platform 2024 | EN.Gloc.al International Search Engine Optimization & SEO For Startups: Read this article in other languages: https://lnkd.in/dKcjwnGS https://lnkd.in/d22t95vj German  https://lnkd.in/dy_VVDPr French  https://lnkd.in/dxPe_u5c Russian  https://lnkd.in/dVgfqd5p Chinese Post is written by: Shokhrukh Tursunbaev #uae #mena #fintech #Crunchbase #in5 #dic #DubaiInternetCity #technology #b2b #startups #software #Entrepreneurship #development #funding #project #environment #investment #opportunities #analytics #stockmarket #Networking #glocal #mentorship #ceo #socialentrepreneurs #Blockchain #AI #ArtificialIntelligence #TechInnovation #DubaiTech #SmartCity #DigitalTransformation #Innovation #FutureTech #TechRevolution #BlockchainRevolution #AIRevolution #TechLeaders #Industry4_0 #TechTrends #TechFuture #DisruptiveTech #TechGrowth #EmergingTech #TechPartnerships #DigitalEconomy #SmartEconomy #TechDevelopments #NextGenTech #TechAdvancements #TechPioneers #DigitalInnovation #TechProgress #TechInfluencers #InnovativeSolutions Olga Nayda, Olga O. Medvedeva, Vitalii Minka, Pavel Afonin

📰 Exciting News in AdTech! Egypt-based startup dKilo has successfully raised $3.2 #million in a seed round led by Upturn Ventures, blending equity and financing. Established in 2020, dKilo is set to redefine out-of-home advertising in #Saudi Arabia through an innovative online platform, connecting brands with #consumers in real-world settings. The #collaboration with Upturn Ventures and e-commerce Revival Labs underscores a commitment to transforming consumer engagement in the region, offering progressive communication strategies. dKilo's infusion of capital will propel its pioneering street-level AdTech solution, reshaping the out-of-home #advertising landscape in Saudi Arabia. Stay tuned as dKilo, with support from its partners, revolutionizes advertising and empowers brands in the #digital era. Read More - https://lnkd.in/giPyxBgg #AdTech #FundingNews #InnovationInAdvertising #dKiloRevolution

⭐ We're not just another tech company. We're your neighbours, your fellow foodies, and your local tech wizards. Based right here in Dubai 🌆 , we've spent decades immersed in the UAE's dynamically growing market. We understand how difficult it is to own, manage, and run a food and beverage business in today’s fragmented digital world. 🍽 📲 Places is here to help you take back control, own your digital presence, manage your content, and connect to your customers. 💫 #Dubai #dubaifood #foodandbeverageindustry #startup  #takebackcontrol #mobilefirst

A major mistake made by multinationals and startups trying to enter the Saudi market is assuming they fully understand it. Many build their Go-To-Market plans based on global research or insights from European and Middle Eastern markets in general. This approach often falls short. The Saudi market dynamics is unique. Its end users and their behavior are different to an extent that may shift the go-to-market strategy 180-degrees, affecting the messaging, target audience, and pricing. What non-Saudis often overlook is that the decision-making criteria in Saudi is different. Just imagine trying to sell a candy bar to a toddler—there is no understanding of the product, language, and even lack of purchasing power! I have recently spoken with few friends attempting to enter the market. When I asked them just a few questions, they realized they need to entirely revise their plans. Do your research thoroughly before launching. It can save you time, money, and effort. #Saudi #SaudiArabia #Research #Market #Strategy #Marketing #Plan #Startup

Growdash, a Dubai-based SaaS platform, has raised AED 6.8 million ($1.8 million) in Seed funding. Led by Oryx Fund and Oraseya Capital, this investment is set to fuel Growdash’s expansion into Saudi Arabia and Central Eastern Europe. About Growdash: Founded by former Talabat employees Sean Trevaskis and Enver Melih Sorkun, Growdash helps restaurant marketing and operational teams develop and manage profitable growth strategies across digital sales channels. Serving over 300 brands in the UAE, Kuwait, and Qatar, Growdash has rapidly become a key player in restaurant analytics and business intelligence. Future Plans: With the new capital, Growdash aims to enhance its product offerings and scale its tech stack to support autonomous digital growth strategies for restaurants. Investor Support: Ali Qaiser from Oryx Fund and Julien Plouzeau from Oraseya Capital expressed strong confidence in Growdash’s potential to innovate and scale. Sean Trevaskis, Enver Melih Sorkun How do you envision Growdash transforming the restaurant industry with your innovative SaaS platform, and what key strategies will you implement to ensure successful expansion into new markets like Saudi Arabia and Central Eastern Europe? Clones of your article in different languages thanks for our partners Glocal SEO Platform 2024 | EN.Gloc.al International Search Engine Optimization & SEO For Startups : Clones of your article in different languages: https://lnkd.in/eGHEJQ2i https://lnkd.in/ee2FtbDy German  https://lnkd.in/eQXanXrh French  https://lnkd.in/ewV69gv9 Russian  https://lnkd.in/e6ZbHh6X Chinese   #uae #mena #fintech #Crunchbase #in5 #dic #DubaiInternetCity #technology #b2b #startups #software #Entrepreneurship #development #funding #project #environment #investment #opportunities #analytics #stockmarket #Networking #glocal #mentorship #ceo #socialentrepreneurs #b2p #b2c #dubai #crunchdubai #team #leader #startupcompany #Businessmindsets #Crowdfunding #cloud #marketingdigital #Socialmedia #Marketing #Socialnetworking #humanresources #leadership #entrepreneursmindset #branding #marketing #management #manufacturing #engineers #machinelearning #softwaredevelopment #dataengineering #searchengineoptimization #startup #digital #art #science #planning #innovation #sustainability #collaboration #security #strategy #sustainable #entrepreneurs #language #seo #success #unitedarabemirates Aleksei Dolgikh, Olga Nayda, Olga Odemchouk Medvedeva, Vitalii Minka, Pavel Afonin, Vasilii Zakharov, Shokhrukh Tursunbaev

Just a few more weeks till launch..... 🙌 Places has been designed with simplicity in mind, making it easy for explorers to discover the best spots to eat and drink in Dubai! Whilst, giving F&B businesses full control of their online presence and the ability to understand and connect with their customers. ✨ At Places we understand how difficult it is to own, manage, and run a food and beverage business in today’s fragmented digital world. #Dubai #dubaifood #foodandbeverageindustry #startup #takebackcontrol #mobilefirst