Yumamia raises USD 1.5 mn in a pre-series A round from Saudi investor

STARTUP WATCH- Cairo-based “foodtech” startup Yumamia has raised USD 1.5 mn in a pre-series A round from Saudi boutique consulting firm Pure Consulting, MENAbytes reports. Proceeds from the round will be used to expand the company’s operations to Saudi and accelerate its growth in Egypt, CEO Belal El Borno said. Starting out as a food delivery platform, Yumamia — which was founded in 2014 — has recently expanded its services to include corporate catering.