Riyadh – Sharikat Mubasher: Saudi-based blend, a startup that gathers online delivery channels in one platform, announced the successful closure of a SAR5 million.
Led by a group of angel investors, this investment will be dedicated to developing new tech solutions that serve the food & Beverage sector including restaurants, cafes, hypermarkets, and cloud kitchens, according to the company’s press release.
On this occasion, Omar Bin Sultan Al Lahyan, CEO of Blend stated: “This sector is really a huge one! Being the only local company that serves in this industry gives us the privilege to well comprehend real challenges and tech needs of business owners dealing with food delivery applications”.
Al Lahyan added that his company is planning to expand into new markets including Kuwait and Bahrain by the end of the next year, aiming to reach all beneficiaries in the Gulf area by 2026.
Worth mentioning that Blend is a graduate of several supporting programs including Misk and MVPLab incubators.