Tech-enabled cloud kitchen Fork N Knife raises USD 800k in seed funding

Tech-enabled cloud kitchen startup Fork N Knife has raised USD 800k in a seed funding round that drew individual angel investors as well as institutions outside the MENA region, the company said in a statement (pdf). The investment will help the company expand into European and African markets by the end of the year, it said.

Series A fundraising underway: The company has started negotiations for its Series A funding round, co-founder and CEO Yasser Nasr Aldin (LinkedIn) said.

About Fork N Knife: Co-founded by Nasr Aldin and Mohamed Haroun (LinkedIn) in 2022, Fork N Knifehelps restaurants expand their delivery services with lower investment costs through a network of cloud kitchens that carry out operations for food brands.

What they said: “The cloud kitchen business domain needed a unique model to solve the real challenges faced by restaurant owners. Instead of reducing fixed costs, as is common in cloud kitchens, we completely eliminated them,” Nasr Aldin said.