The Cloud
UnknownAI-powered B2B2C cloud-kitchen / virtual-restaurant platform
The Cloud is an Abu Dhabi-based foodtech company that lets food businesses monetize underutilized kitchen capacity by hosting third-party virtual restaurant brands, managing delivery, sales insights, and supply chain through one technology platform. Founded in 2019, it describes itself as 'the Airbnb of kitchens.' It operates across multiple markets and acquired UK-based KBOX to expand its footprint.
Founders
Funding Rounds
Lead: Elekron Ventures
Investors: Elekron Ventures
End of 2019; amount never disclosed. Known only from the company's Series A statement ('an initial pre-seed round at the end of 2019, led by Elekron Ventures'). Also: https://tracxn.com/d/companies/the-cloud/__6R3y3YNI-HrADXnJrQS0b3PhQHywcgRI7lHFtW6NtMI/funding-and-investors Confidence: confirmed (round 13, Wamda).
Lead: Middle East Venture Partners
Investors: Middle East Venture Partners
End of 2020; amount never disclosed. Company also joined Hub71 (equity-free incentives, not counted as a round). Confidence: confirmed (round 13, Wamda).
Lead: Aluna Partners
Investors: Aluna Partners
Debt component of the Series B package from Aluna Partners; amount undisclosed. Tracxn shows a partial figure but its amounts for this company are garbled. Confidence: confirmed (round 13, Wamda).
Lead: MENA Moonshots
Investors: MENA Moonshots
$12M Series B led by MENA Moonshots; Aluna Partners provided the separate debt component (own row), not equity.
Lead: Middle East Venture Partners and Olayan Financing Company
Investors: Middle East Venture Partners, Olayan Financing Company, Rua Growth Fund
Missing from DB. 'Consortium of other venture investors' also participated, unnamed. Also: https://www.thenationalnews.com/business/start-ups/2022/09/14/abu-dhabi-start-up-the-cloud-raises-10m-in-new-funding/ https://mena.entrepreneur.com/growth-strategies/we-got-funded-abu-dhabi-based-cloud-kitchen-platform-the/435548 https://www.zawya.com/en/press-release/companies-news/third-generation-cloud-kitchen-the-cloud-successfully-completes-series-a-funding-c5zhqjo7 Confidence: confirmed (round 13, Wamda).
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