Middle East Cloud Kitchen company iKcon secures $10m funding

Middle East Cloud Kitchen company iKcon secures $10m funding

Middle East: iKcon, the Dubai based cloud kitchen platform, has successfully secured $10 million of funding since inception, including a recently closed pre-series A round of $5 million led by Arzan VC, AlTouq Group and Nazer Group among other reputable investors.  iKcon was founded in Dubai in early 2019, by Khalid Baareh (CEO) and Kareem Abughazaleh (COO), to address the growing demand for food delivery across the Middle East. Currently iKcon operates ten cloud kitchens across the UAE with plans to start operations in Saudi Arabia in Q4 2020 and other countries in the region throughout 2021.  iKcon has plans to rapidly grow its network to thirty cloud kitchens in the near future.Khalid Baareh, Co-Founder and CEO, said: “One of the big issues that restaurants and food entrepreneurs face is