Muscat – Sharikat Mubasher: Omani cloud kitchen startup IO Kitchens secured $2.8 million in a seed funding round led by Tanmia Small-Cap Fund, with participation from several family offices and regional investors, the company unveiled in a statement.
The startup will utilize the investment to expand across Oman, upgrade kitchen capabilities, and invest in transformative tech-based experiences to cater to the growing demand for high-quality food options.
This round represents a significant milestone in IO Kitchens’ journey to reshape the food delivery industry across Oman and the broader region. Additionally, it reflects investors’ strong confidence in the company’s strategic vision and potential for long-term growth.
Hisham Hasan, CEO and Founder of IO Kitchens, said: “This capital infusion will enable us to scale our operations, enhance our proprietary technology platform, and expand our culinary portfolio, all while continuing to forge strategic partnerships that will propel IO Kitchens to new heights.”
He emphasized the company’s dedication to transforming the food delivery experience within and beyond the Sultanate while meeting the needs of tech-savvy consumers.
For his part, Khalid Al Balushi, CEO of Tanmia, commented: “We are thrilled to close our first investment in our Tanmia Small-Cap Fund and support IO Kitchens’ ambitious vision. Their innovative approach to the cloud kitchen model is poised to make a significant impact on the food delivery sector, not just in Oman, but across the region.”
IO Kitchens, founded in 2021, leverages leading-edge technologies and a customer-centric approach to redefine the food delivery experience in the region. It currently operates three cloud kitchens and a portfolio of over 30 food and beverage brands.
