KRUSH Brands Raises US$ 4.5M Pre-Series A from Strategic Investor, Skelmore Holdings

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Summary

Locale, the recently launched, foodpreneur-focused ecosystem from KRUSH brands, welcomes its first investor Skelmore holdings. Locale is the only alternative to the harmful third-party ecosystem.Skelmore Holdings is a Family Office headquartered in Dubai which specializes in investments in Automotive, Retail Fashion and F&B and is perhaps best known for its award-winning restaurants Robertos, Rumba and Mercato Centrale. We selected Skelmore Holdings because of our shared ethics, values and vision, focus on quality and for their strategic capabilities. Their investment represents a pivotal moment in our company as we consolidate and capitalize on our intellectual know how to unlock value and accelerate growth.Amin Kadrie, Chairman, Skelmore Holdings says We are pleased and excited with our investment in KRUSH Brands and to be part of the expansion of this unique business model and technology. We believe in Ians dynamic leadership and vision and in his exceptional ethical and moral standards which are reflected in the progressive culture of KRUSH Brands and its unique optimization of human capital and customer engagement.

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