“We Got Funded!” With A Mission To Transform The MENA’s Foodtech Supply Chain, KSA-Based NOMU Raises US$5 … – Entrepreneur

  • Date: 13-Jul-2023
  • Source: Entrepreneur Middle East
  • Sector:Agriculture
  • Country:Saudi Arabia
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“We Got Funded!” With A Mission To Transform The MENA’s Foodtech Supply Chain, KSA-Based NOMU Raises US$5 … – Entrepreneur

NOMU, a Saudi Arabia-based foodtech supply chain platform, has raised US$5 million in a seed round led by DIV Capital, a Beirut-based family finance office that provides personalized investment services, Purity for Information Technology, a Riyadh-based information technology services company, as well as Core Vision and Shurfah, two Saudi Arabia-based investment firms. The round also saw the participation of prominent family offices in KSA such as Altoukhi Family Office and Bakr Family Office, along with regional angel investors.

Established in 2022, NOMU is a business-to-business (B2B) tech startup that offers inventory sourcing, storage and delivery services to hotel, restaurant and cafe (HoReCa) businesses in the MENA region. The startup's underlying vision, however, is to transform the regional food and beverage (F&B) industry using tech-enabled tools.