{"id":555147,"date":"2021-11-03T04:00:12","date_gmt":"2021-11-03T04:00:12","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/03\/delivery-startup-appetito-raises-usd-2-mn-pre-seed-funding\/"},"modified":"2021-11-03T04:00:12","modified_gmt":"2021-11-03T04:00:12","slug":"delivery-startup-appetito-raises-usd-2-mn-pre-seed-funding","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/03\/delivery-startup-appetito-raises-usd-2-mn-pre-seed-funding\/","title":{"rendered":"Delivery startup Appetito raises USD 2 mn pre-seed funding"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-04\"><\/a> <strong>Cairo-based grocery delivery startup <\/strong><strong><a href=\"https:\/\/www.appetito.com\/\">Appetito<\/a><\/strong><strong> has raised USD 2 mn in pre-series A<\/strong> <strong>funding<\/strong>, the company said in <a href=\"https:\/\/ent.news\/2021\/11\/Appetito-Pre-Series-A-round-Press-Release-03.11.2021.pdf\">a statement (pdf)<\/a> last night. The round was led by US VC firm <a href=\"https:\/\/www.jedarcapital.co\/\">Jedar Capital<\/a> and featured participation from Ghanaian investment company <a href=\"https:\/\/www.gpalminvestments.com\/\">Golden Palm Investments<\/a>, Africa-focused VC <a href=\"https:\/\/dfslab.net\/\">DFS Lab<\/a> and a number of angel investors. Jedar contributed to the company\u2019s funding round earlier this year, which saw it raise <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/9ebf3652-619e-4412-82ac-05fddb4f947f\">USD 450k<\/a> from a number of angel and venture investors.<\/p>\n<p><strong>About Appetito:<\/strong> Established in March 2020, Appetito is an online platform offering next-day or pre-scheduled grocery and home supply deliveries in Cairo, Alexandria, and Giza. The Egypt-focused startup relies on dark stores \u2014 miniature warehouse-adjacent spaces, whose sole purpose is to pack online orders for delivery to households. Appetito currently operates seven dark stores and has ambitions to expand to 150 by 2024. Over the past 12 months, the company has grown revenues and the number of orders 10x.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cairo-based grocery delivery startup Appetito has raised USD 2 mn in pre-series A funding, the company said in a statement (pdf) last night. The round was led by US VC firm Jedar Capital and featured participation from Ghanaian investment company Golden Palm Investments, Africa-focused VC DFS Lab and a number of angel investors. Jedar contributed [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":555148,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7258],"tags":[1986,72,95,123,200],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-555147","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-startup-watch","tag-appetito","tag-enterpriseam","tag-startup-watch","tag-startups","tag-venture-capital","wpautop","entry"],"acf":{"mongo_id":"57960f32-5e38-43eb-bc2a-70a5b5e11abb","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2021\/11\/305.jpg","photo_position":"above","related_issue":[555138],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Delivery startup Appetito raises USD 2 mn pre-seed funding - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2021\/11\/03\/delivery-startup-appetito-raises-usd-2-mn-pre-seed-funding\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Delivery startup Appetito raises USD 2 mn pre-seed funding\" \/>\n<meta property=\"og:description\" content=\"Cairo-based grocery delivery startup Appetito has raised USD 2 mn in pre-series A funding, the company said in a statement (pdf) last night. The round was led by US VC firm Jedar Capital and featured participation from Ghanaian investment company Golden Palm Investments, Africa-focused VC DFS Lab and a number of angel investors. Jedar contributed [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/11\/03\/delivery-startup-appetito-raises-usd-2-mn-pre-seed-funding\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-11-03T04:00:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2021\/11\/305.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/11\/03\/delivery-startup-appetito-raises-usd-2-mn-pre-seed-funding\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/11\/03\/delivery-startup-appetito-raises-usd-2-mn-pre-seed-funding\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Delivery startup Appetito raises USD 2 mn pre-seed funding\",\"datePublished\":\"2021-11-03T04:00:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/11\/03\/delivery-startup-appetito-raises-usd-2-mn-pre-seed-funding\/\"},\"wordCount\":159,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/11\/03\/delivery-startup-appetito-raises-usd-2-mn-pre-seed-funding\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2021\/11\/305.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Appetito\",\"EnterpriseAM\",\"Startup watch\",\"startups\",\"venture capital\"],\"articleSection\":[\"Startup watch\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/11\/03\/delivery-startup-appetito-raises-usd-2-mn-pre-seed-funding\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/11\/03\/delivery-startup-appetito-raises-usd-2-mn-pre-seed-funding\/\",\"name\":\"Delivery startup Appetito raises USD 2 mn pre-seed funding - 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The round was led by Saudi Angel investor Ahmed Al Alola along with Africa-focused VC Fund Afropreneurs, and MENA-focused VC Jedar Capital. Established in March\u2026","rel":"","context":"In &quot;SPEED ROUND: STARTUP WATCH&quot;","block_context":{"text":"SPEED ROUND: STARTUP WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round-startup-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/4\/458.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":546894,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/01\/appetito-acquires-tunisian-e-grocer-lamma\/","url_meta":{"origin":555147,"position":1},"title":"Appetito acquires Tunisian e-grocer Lamma","author":"enterpriseam admin","date":"1 June 2022","format":false,"excerpt":"Cairo-based grocery delivery startup Appetito has acquired Tunisian startup Lamma for an undisclosed sum, it said in a press release (pdf) yesterday. The merger is expected to close by the end of 3Q2022 and will give Appetito access to Lamma\u2019s markets in Tunisia and Morocco.About the companies: Established in March\u2026","rel":"","context":"In &quot;M&amp;A WATCH&quot;","block_context":{"text":"M&amp;A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/6\/97.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":555378,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/11\/grocery-delivery-app-rabbit-raises-usd-11-mn-pre-seed-round\/","url_meta":{"origin":555147,"position":2},"title":"Grocery delivery app Rabbit raises USD 11 mn pre-seed round","author":"enterpriseam admin","date":"11 November 2021","format":false,"excerpt":"Grocery delivery startup Rabbit has raised USD 11 mn in a pre-seed VC funding round, according to a company statement (pdf). Global Founders Capital, Foundation Ventures, Raed Ventures, MSA Capital and Goodwater Capital all participated in the round, which the Cairo-based company says is the largest-ever pre-seed round in the\u2026","rel":"","context":"In &quot;Startup watch&quot;","block_context":{"text":"Startup watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/startup-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/11\/417.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":546942,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/02\/swvl-eyes-new-markets-grubtech-lands-in-egypt\/","url_meta":{"origin":555147,"position":3},"title":"Swvl eyes new markets + GrubTech lands in Egypt","author":"enterpriseam admin","date":"2 June 2022","format":false,"excerpt":"Swvl announces expansion plans just days after cutting its workforce by a third: Nasdaq-listed mass transport startup Swvl is planning to start operations in Mexico this month and could kick off in the US during 2H 2022, CFO Youssef Salem told us, confirming a report in Al Mal. The news\u2026","rel":"","context":"In &quot;Startup watch&quot;","block_context":{"text":"Startup watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/startup-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/6\/116.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":578057,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/14\/appetito-jumlaty-merge-to-become-nomu\/","url_meta":{"origin":555147,"position":4},"title":"Appetito + Jumlaty merge to become Nomu","author":"enterpriseam admin","date":"14 December 2022","format":false,"excerpt":"Appetito + Jumlaty tie up: Cairo-based grocery delivery startup Appetito and Saudi Arabia\u2019s Jumlaty have merged to form a new company called Nomu in that they say is a bid to become the region\u2019s leading food-tech supply chain platform, according to a joint statement out yesterday. Neither party released details\u2026","rel":"","context":"In &quot;Startup watch&quot;","block_context":{"text":"Startup watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/startup-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/12\/289.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":566759,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/12\/yodawy-lands-usd-7-5-mn-in-a-series-b-funding-round\/","url_meta":{"origin":555147,"position":5},"title":"Yodawy lands USD 7.5 mn in a series B funding round","author":"enterpriseam admin","date":"12 July 2021","format":false,"excerpt":"Yodawy raises USD 7.5 mn in a Algebra, MEVP, Global Ventures-led series B funding: Pharma platform Yodawy has landed USD 7.5 mn in a series B funding round led by Algebra Ventures, Beirut-based Middle East Venture Partners (MEVP) and UAE-based venture capital fund Global Ventures, according to an emailed statement\u2026","rel":"","context":"In &quot;SPEED ROUND: STARTUP WATCH&quot;","block_context":{"text":"SPEED ROUND: STARTUP WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round-startup-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/555147","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=555147"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/555147\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/555138"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/555148"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=555147"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=555147"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=555147"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=555147"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=555147"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}