{"id":94276,"date":"2024-07-29T00:00:00","date_gmt":"2024-07-29T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/food-procurement-platform-watermelon-secures-usd-4-mn-in-series-a-funding-round\/"},"modified":"2024-07-29T00:00:00","modified_gmt":"2024-07-29T00:00:00","slug":"food-procurement-platform-watermelon-secures-usd-4-mn-in-series-a-funding-round","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2024\/07\/29\/food-procurement-platform-watermelon-secures-usd-4-mn-in-series-a-funding-round\/","title":{"rendered":"Food procurement platform Watermelon secures USD 4 mn in series A funding round"},"content":{"rendered":"

Dubai-based food supply ordering platform <\/strong>Watermelon Market<\/a><\/strong> secured <\/strong>USD 4 mn <\/strong>in a series A funding round<\/strong>, Khaleej Times<\/a> writes. The funding saw participation from prominent investors \u2014 with Daman Investments acting as the exclusive fundraising advisor \u2014 giving new investors a 13.8% stake and valuing the company at USD 29 mn.<\/p>\n

Where is the money going?<\/strong> Watermelon plans to use the money to expand locally and regionally and to enhance their product offerings, Watermelon CEO Omar Al Shamsi was quoted as saying.<\/p>\n

About Watermelon: <\/strong>Founded in 2020, Watermelon connects over 200 suppliers with 400 restaurants, according to the Abu Dhabi SME Hub<\/a>. Watermelon concluded its seed funding round back in 2022.<\/p>\n","protected":false},"excerpt":{"rendered":"

Watermelon plans to use the money to expand locally and regionally<\/p>\n","protected":false},"author":1,"featured_media":94277,"comment_status":"","ping_status":"open","sticky":false,"template":"","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":[1548],"tags":[1709,7,1423,78,147],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-94276","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-startup-watch","tag-daman-investment","tag-enterpriseam-uae","tag-food","tag-startup-watch","tag-startups","wpautop","entry"],"acf":{"mongo_id":"93e4251c-0b65-43ec-a469-d2ad00bfff46","order":"6","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/1\/1617.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Food procurement platform Watermelon secures USD 4 mn in series A funding round","related_issue":[94266],"teaser":"Watermelon plans to use the money to expand locally and regionally","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/8\/.63bb9fa6-4a83-4ea4-8cc8-a64b5a5d34ac.mp3"},"yoast_head":"\nFood procurement platform Watermelon secures USD 4 mn in series A funding round - UAE<\/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\/uae\/2024\/07\/29\/food-procurement-platform-watermelon-secures-usd-4-mn-in-series-a-funding-round\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Food procurement platform Watermelon secures USD 4 mn in series A funding round\" \/>\n<meta property=\"og:description\" content=\"Watermelon plans to use the money to expand locally and regionally\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/uae\/2024\/07\/29\/food-procurement-platform-watermelon-secures-usd-4-mn-in-series-a-funding-round\/\" \/>\n<meta property=\"og:site_name\" content=\"UAE\" \/>\n<meta property=\"article:published_time\" content=\"2024-07-29T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1617.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\/uae\/2024\/07\/29\/food-procurement-platform-watermelon-secures-usd-4-mn-in-series-a-funding-round\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/07\/29\/food-procurement-platform-watermelon-secures-usd-4-mn-in-series-a-funding-round\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Food procurement platform Watermelon secures USD 4 mn in series A funding round\",\"datePublished\":\"2024-07-29T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/07\/29\/food-procurement-platform-watermelon-secures-usd-4-mn-in-series-a-funding-round\/\"},\"wordCount\":115,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/07\/29\/food-procurement-platform-watermelon-secures-usd-4-mn-in-series-a-funding-round\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1617.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Daman Investment\",\"EnterpriseAM UAE\",\"food\",\"STARTUP WATCH\",\"startups\"],\"articleSection\":[\"STARTUP WATCH\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/07\/29\/food-procurement-platform-watermelon-secures-usd-4-mn-in-series-a-funding-round\/\",\"url\":\"https:\/\/enterpriseam.com\/uae\/2024\/07\/29\/food-procurement-platform-watermelon-secures-usd-4-mn-in-series-a-funding-round\/\",\"name\":\"Food procurement platform Watermelon secures USD 4 mn in series A funding round - 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