Technology start-up Deliverect plans Middle East expansion after $65m funding

Technology start-up Deliverect plans Middle East expansion after $65m funding

Deliverect, a technology start-up that connects food delivery companies like Deliveroo and Talabat to restaurants through an automated point of sale system, raised $65 million in a funding round to expand into international markets, including the Middle East.

Venture capital firms DST Global Partners and Redpoint Ventures led the fundraising that also saw the participation of the company's existing investors and its co-founders.

Founded in Ghent, Belgium, in September 2018, Deliverect will use the new funds to “continue scaling and helping customers to go online even faster” by providing them technology to manage digital orders and apps related to delivery and in-house dining, it