{"id":94850,"date":"2024-08-15T00:00:00","date_gmt":"2024-08-15T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/mealplanet-secures-usd-6-mn-for-expansion\/"},"modified":"2024-08-15T00:00:00","modified_gmt":"2024-08-15T00:00:00","slug":"mealplanet-secures-usd-6-mn-for-expansion","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2024\/08\/15\/mealplanet-secures-usd-6-mn-for-expansion\/","title":{"rendered":"MealPlanet secures USD 6 mn for expansion"},"content":{"rendered":"

UAE-based food delivery platform <\/strong>MealPlanet<\/a><\/strong> raised USD 6 mn in a seed <\/strong>round<\/strong> led by regional VCs Middle East Venture Partners<\/a>, AlTouq Group<\/a>, Sanabil 500<\/a>, Faith Capital<\/a>, and Alturki Ventures<\/a>, according to a press release<\/a>. The funding round also saw participation from entrepreneurs Marc Lore and Samih Toukan. <\/p>\n

Where will the money go?<\/strong> The startup will use the proceeds to expand its presence into Saudi Arabia in 1Q 2025 and upgrade its platform using AI. \u201cThe funds will fuel our expansion plans and the continuous development of our proprietary technology stack, utilizing intelligence to enhance and customize the consumer experience,\u201d CEO Khalid Baareh said. <\/p>\n

About the startup: <\/strong>Founded in 2024, MealPlanet is a delivery application and marketplace for meal plan brands, enabling customers to curate and manage their meal plans from various brands. The startup currently has over 100 brand partners. <\/p>\n","protected":false},"excerpt":{"rendered":"

The startup will use the money to expand into KSA<\/p>\n","protected":false},"author":1,"featured_media":94851,"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":[7,1749,78,147],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-94850","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-startup-watch","tag-enterpriseam-uae","tag-mealplanet","tag-startup-watch","tag-startups","wpautop","entry"],"acf":{"mongo_id":"bdaee2d1-4373-4816-8839-f4d75b41b67f","order":"4","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/8\/1373.jpg","photo_position":"above","homepage_title":"","full_issue_title":"UAE-based MealPlanet secures USD 6 mn in seed funding","related_issue":[94843],"teaser":"The startup will use the money to expand into KSA","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/8\/.592db0a6-d086-43c3-86ff-9dc7dfe92c40.mp3"},"yoast_head":"\nMealPlanet secures USD 6 mn for expansion - 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