Saudi-Based F&B SaaS Al Menu Raises $10.3 Million Funding
Al Menu's funding round aims to strengthen the Kingdom's growing restaurant sector.
Al Menu, a SaaS company specialising in restaurant operations, has successfully closed a funding round of $10.3 million. The round was led by Al Majdiah Investment, with contributions from other investors, signalling strong confidence in the company’s strategic growth potential.
The funding aims to bolster Al Menu’s ability to offer operational solutions for restaurants and cafes, a key area of focus as the Saudi restaurant sector continues to expand.
A central goal for Al Menu is to improve workforce efficiency across thousands of restaurants and cafes, ultimately reducing costs for businesses in the sector. This aligns with broader trends in Saudi Arabia, where the restaurant industry has seen significant growth in recent years, making it a focal point for development and investment.
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Nov 09,2024
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