“We Got Funded!” Abu Dhabi-Based Cloud Kitchen Platform The Cloud Raises US$10 Million In A Series A Funding Round As It Continues To Expand Into The GCC And Europe

“We Got Funded!” Abu Dhabi-Based Cloud Kitchen Platform The Cloud Raises US$10 Million In A Series A Funding Round As It Continues To Expand Into The GCC And Europe

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The Cloud, an Abu Dhabi-based business-to-business-to-customer (B2B2C) cloud kitchen platform, has raised US$10 million in a Series A funding round led by Middle East Venture Partners (MEVP), a venture capital firm that caters to early and growth-stage tech companies, and Olayan Financing Company, the Middle East investment arm of Europe-based multinational enterprise The Olayan Group. The round also saw the participation of Saudi Arabia-based venture capital firm Rua Growth Fund, among a consortium of other venture investors.

The Cloud

Kamil Rogalinski and George Karam, Co-Founders, The Cloud

Launched in 2019 by Kamil Rogalinski and George Kara, The Cloud was designed with a vision to become "the AirBnB of kitchens" by enabling the transformation of regular restaurant kitchens into artificial intelligence-powered cloud kitchens, and thus increasing their kitchen utilization capacities. In just a little over two years of operation, the startup has already set up shop in the UAE as well as Saudi Arabia and parts of Europe. "The rise of virtual restaurant brands is possibly the biggest disruption of the food service industry in the past 50 years," Karam, The Cloud's CEO, said in an exclusive interview with Entrepreneur Middle East. "Virtual brands