logo-en
  • Home
  • Companies
  • Investors
  • Opportunities
    • Home
    • SME Loans
  • FinTech Hub
  • News
LoginRegister
  • english iconEnglish
  • english iconArabic
  1. Mubasher News
  2. Al-Menu raises SAR 38mn funding round

Al-Menu raises SAR 38mn funding round

NOHA.GAD
Oct 2, 2024
Al-Menu secured SAR 38 million in a funding round led by Al Majdiah Investment

Riyadh - Sharikat Mubasher: Al-Menu Company, a leading smart operations provider in the food and beverages (F&B) sector, successfully secured SAR 38 million in a funding round led by Al Majdiah Investment, with participation from several investors.

The Riyadh-based company will utilize the investments to expand its service portfolio for restaurants, a recent statement revealed.

Founded in 2022, Al-Menu Company provides innovative operation system applications and strategies to optimize restaurants’ business processes and enhance overall efficiency.

CEO Mamdouh Ali stated that Al-Menu aims to provide operational system solutions to thousands of restaurants and cafés while contributing to reducing operational costs and upgrading labor efficiency in the F&B sector.

Moreover, Nasser Al Majed, CEO of Al Majdiah Investment, noted that investing in Al-Menu aligns with the company’s mission to enhance the hospitality sector by providing innovative and affordable operational solutions, in alignment with Vision 2030’s goals.

Tags

Saudi Arabia
Food and Beverages
Investments
Hospitality
Vision 2030
Share

Attract clients with your ad

Start Now

Trending

Heerim Joins New Murabba to bring global design to Riyadh’s future downtown
MUBASHER.SA
Red Sea Authority licenses Maritime Solutions to offer coastal tourism activities
MUBASHER.SA
New Murabba, Honeywell collaborate to advance smart infrastructure in Riyadh
MUBASHER.SA
BlueFive Capital raises $2bn GCC private equity fund
MUBASHER.SA
TDF launches 3 new programs to empower tourism startups in Kingdom
MUBASHER.SA

Related News

Funding News
Calendar Icon
Jul 9, 2025
XPANCEO raises $250mn Series A to build 1st smart contact lens
Read More
Funding News
Calendar Icon
Jul 8, 2025
BlueFive Capital closes founding round at $120mn valuation
Read More
Funding News
Calendar Icon
Jul 8, 2025
Rekaz raises $5mn seed round to expand, enhance AI capabilities
Read More
Funding News
Calendar Icon
Jul 8, 2025
Huspy closes $59mn series B round to expand in Europe, Middle East
Read More
Funding News
Calendar Icon
Jul 7, 2025
Saudi Arabia’s Startup Scene Hits New Heights: Ninja Joins the Unicorn Club
Read More
Funding News
Calendar Icon
Jul 6, 2025
TruKKer secures SAR 55 mn private credit facility from Ruya Partners
Read More
Funding News
Calendar Icon
Jul 2, 2025
QIA co-leads $250mn funding round for Kardium Inc
Read More

Sharikat Mubasher Newsletter

Get insights and exclusive content from the world of business and finance that you can trust delivered to your inbox

Email is Required
Should be a valid email

Democratizing private equity investments

  • Home
  • Companies
  • Investors
  • FinTech Hub
  • Opportunities
  • News
  • Contact Us
  • Sitemap
2024 All rights reserved to Sharikat Mubasher