Watermelon Raises $4M in Series A Funding
Summary
Watermelon Ecosystem, a Dubai, UAE-based tech startup innovating the F&B industry, closed its $4m Series A funding round at a post-money valuation of $29m. The company intends to use the funds to accelerate its local and regional growth, enhance its technological offerings and expand its market presence. Led by Mr. Omar AlShamsi, CEO, Watermelon Watermelon Ecosystem bridges the gap between suppliers and F&B outlets through e-procurement, financial solutions, SaaS, marketplace platforms, and more. Focused on regional growth and development, the company enhances efficiency, transparency, and sustainability in the F&B industry.
Funding
Amount
$4.0M
Total raised
Date
July 31, 2024
Announcement date
Investors
-
Lead investors
Company
http://www.iamwatermelon.com
Funded company
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