MealPlanet Secures $6 Million Seed Funding

by | Aug 15, 2024 | Startups News | 0 comments

In a significant development for the foodtech industry, MealPlanet, a UAE-based startup, has successfully secured $6 million in Seed funding. This substantial investment, led by prominent venture capital firms MEVP, AlTouq Group, Sanabil 500, Faith Capital, and Alturki Ventures, positions MealPlanet for accelerated growth and innovation.

Moreover, the participation of renowned entrepreneurs Marc Lore and Samih Toukan underscores the company’s potential to revolutionize the meal planning landscape.

A Transformative Meal Planning Solution

Founded in 2024 by Khalid Baareh, MealPlanet has introduced a groundbreaking app that redefines how people approach meal planning. By connecting users with a diverse array of meal brands, the platform offers unprecedented convenience and customization. Consequently, users can effortlessly discover, subscribe to, and manage their preferred meal plans.

Strategic Partnerships Fuel Expansion

MealPlanet has cultivated strategic partnerships with over 100 trusted brands, including industry stalwarts such as Prep & Co, Basiligo, and PrepHero. Furthermore, the company is poised to expand its footprint into the lucrative Saudi Arabian market, commencing operations in the first quarter of 2025. This strategic move will undoubtedly solidify MealPlanet’s position as a regional leader in the meal planning sector.

A Bright Future Ahead

The infusion of capital, coupled with the support of industry luminaries, positions MealPlanet for substantial growth. The company is steadfast in its commitment to delivering exceptional value to customers through innovative solutions. As a result, MealPlanet is well-positioned to become a dominant force in the foodtech industry.

By combining a user-centric approach with cutting-edge technology, MealPlanet is reshaping the way people think about meal planning. The company’s vision of a world where healthy, convenient, and personalized meals are readily accessible is rapidly becoming a reality.

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