Third Generation Cloud Kitchen ‘The Cloud’ successfully completes Series A Funding

Third Generation Cloud Kitchen ‘The Cloud’ successfully completes Series A Funding

- First CAPEX-free cloud kitchen start-up, founded by Kamil Rogalinski and George Karam, is part of Abu Dubai’s global tech ecosystem

- Series A funding will support KSA expansion and tech development

Dubai, UAE: The Cloud, the leading third-generation B2B2C cloud kitchen platform, has secured $10 million in funding led by Middle East Venture Partners (MEVP) and Olayan Financing Company (the Middle East investment arm of The Olayan Group) with participation from Rua Growth Fund.

The successful Series A funding follows an initial pre-seed round at the end of 2019, which was led by Elēkrŏn Ventures and a subsequent seed round at the end of 2020, which was led by MEVP. The new funding round, led by a consortium of venture investors, will allow The Cloud to continue its expansion in GCC and Europe. The investment also provides bandwidth for the company to increase and accelerate the development of its AI-powered kitchen matching platform.

The Cloud was established in 2019 and is supported by Hub71, Abu Dhabi’s unique, global tech ecosystem. The Cloud has been built on the principle of ‘the Airbnb of kitchens’ and allows restaurant owners to increase their kitchen utilization by transforming restaurants into cloud kitchens. The Company’s proprietary tech stack