As Oman’s leading cloud kitchen startup, IO Kitchens is poised for rapid growth and innovation, it is pleased to announce the successful completion of a $2.8 million seed funding round. This milestone funding represents a critical turning point in IO Kitchens’ journey to transform the food delivery sector throughout Oman and the wider region. It is spearheaded by Tanmia Small-Cap Fund and backed by a diverse group of family offices and regional investors.
The investment is further evidence of the high level of investor confidence in IO Kitchens’ long-term growth potential and strategic vision. IO Kitchens is in a unique position to benefit from the growing demand for quick and delicious food delivery services.
“We are deeply appreciative of the trust our investors have placed in us,” said Hisham Hasan, CEO and Founder of IO Kitchens. “This capital infusion will enable us to scale our operations, enhance our proprietary technology platform, and expand our culinary portfolio, all while continuing to forge strategic partnerships that will propel IO Kitchens to new heights. Our ultimate goal is to transform the food delivery experience in Oman and beyond in a way that resonates with today’s tech-savvy consumers.”
Cloud kitchens, also known as ghost kitchens, are drastically changing the food industry by adapting to the changing tastes of contemporary consumers. Leading this change in Oman is IO Kitchens, which creates food concepts that precisely satisfy consumer requests by utilizing artificial intelligence and sophisticated data analytics.
In order to meet the rising demand for a wide variety of excellent food options, IO Kitchens will be able to invest heavily in new tech-based experiences, raise kitchen capacities, and extend its operations throughout Oman thanks to the additional funding.
Mr. Khalid Al Balushi, CEO of Tanmia, expressed strong enthusiasm for the partnership, stating, “We are thrilled to close our first investment in our Tanmia Small-Cap Fund and support IO Kitchens’ ambitious vision. Their innovative approach to the cloud kitchen model is poised to make a significant impact on the food delivery sector, not just in Oman, but across the region. We believe IO Kitchens is on the cusp of reshaping how food is delivered and enjoyed.”
As they continue to push the limits of what is feasible in the cloud kitchen industry, IO Kitchens extends an invitation to partners, investors, and food enthusiasts to travel with them.
