{"id":610518,"date":"2023-11-21T00:00:00","date_gmt":"2023-11-21T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/11\/21\/fork-n-knife-locks-in-usd-800k-in-seed-funding\/"},"modified":"2023-11-21T00:00:00","modified_gmt":"2023-11-21T00:00:00","slug":"fork-n-knife-locks-in-usd-800k-in-seed-funding","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/11\/21\/fork-n-knife-locks-in-usd-800k-in-seed-funding\/","title":{"rendered":"Fork N Knife locks in USD 800k in seed funding"},"content":{"rendered":"

Tech-enabled cloud kitchen startup <\/strong>F<\/a><\/strong>ork N Kn<\/a><\/strong>ife<\/a><\/strong> has raised USD 800k <\/strong>in a seed funding round that drew individual angel investors as well as institutions outside the MENA region, the company said in a statement<\/a>(pdf)<\/a>. The investment will help the company expand into European and African markets by the end of the year, it said.<\/p>\n

Series A fundraising underway: <\/strong>The company has started negotiations for its Series A funding round, co-founder and CEO Yasser Nasr Aldin (LinkedIn<\/a>) said.<\/p>\n

About Fork N Knife: <\/strong>Co-founded by Nasr Aldin and Mohamed Haroun (LinkedIn<\/a>) in 2022, Fork N Knifehelps restaurants expand their delivery services with lower investment costs through a network of cloud kitchens that carry out operations for food brands.<\/p>\n

What they said:<\/strong> \u201cThe cloud kitchen business domain needed a unique model to solve the real challenges faced by restaurant owners. Instead of reducing fixed costs, as is common in cloud kitchens, we completely eliminated them,\u201d Nasr Aldin said.<\/p>\n","protected":false},"excerpt":{"rendered":"

The funding will facilitate the company\u2019s expansion into European and African markets by the end of the year<\/p>\n","protected":false},"author":1,"featured_media":610519,"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":[1],"tags":[72,900,95,123],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-610518","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-enterpriseam","tag-food-and-beverage","tag-startup-watch","tag-startups","wpautop","entry"],"acf":{"mongo_id":"4faafe17-e657-4bf8-9b57-f0527a39f60b","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/11\/1196.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Tech-enabled cloud kitchen Fork N Knife raises USD 800k in seed funding","related_issue":[610506],"teaser":"The funding will facilitate the company\u2019s expansion into European and African markets by the end of the year","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/11\/.126e4123-bc81-4269-80d0-59ae2d0f953b.mp3"},"yoast_head":"\nFork N Knife locks in USD 800k in 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\/2023\/11\/21\/fork-n-knife-locks-in-usd-800k-in-seed-funding\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fork N Knife locks in USD 800k in seed funding\" \/>\n<meta property=\"og:description\" content=\"The funding will facilitate the company\u2019s expansion into European and African markets by the end of the year\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2023\/11\/21\/fork-n-knife-locks-in-usd-800k-in-seed-funding\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-21T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2023\/11\/1196.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\/2023\/11\/21\/fork-n-knife-locks-in-usd-800k-in-seed-funding\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/11\/21\/fork-n-knife-locks-in-usd-800k-in-seed-funding\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Fork N Knife locks in USD 800k in seed funding\",\"datePublished\":\"2023-11-21T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/11\/21\/fork-n-knife-locks-in-usd-800k-in-seed-funding\/\"},\"wordCount\":168,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/11\/21\/fork-n-knife-locks-in-usd-800k-in-seed-funding\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/11\/1196.jpg?fit=%2C&ssl=1\",\"keywords\":[\"EnterpriseAM\",\"food and beverage\",\"Startup watch\",\"startups\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/11\/21\/fork-n-knife-locks-in-usd-800k-in-seed-funding\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2023\/11\/21\/fork-n-knife-locks-in-usd-800k-in-seed-funding\/\",\"name\":\"Fork N Knife locks in USD 800k in seed funding - 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