How Much Did Matbakhi Raise?
Funding & Key Investors

Matbakhi, a burgeoning force in the Saudi Arabian hospitality technology sector, has successfully secured a significant capital injection to bolster its operational footprint. The firm, which specializes in hotel-integrated cloud-kitchen networks, has reached a cumulative valuation milestone represented by $2.3M. This latest infusion of capital, totaling $2.3M, underscores the growing investor confidence in the regional food-tech infrastructure and the scalability of the company's unique business model within the Kingdom's rapidly evolving culinary landscape.

What is Matbakhi?

Matbakhi
Business ServicesFood ServiceHospitality

Founded in 2022 and headquartered in Riyadh, Matbakhi operates as a specialized provider of cloud-kitchen networks tailored specifically for the hospitality industry. By integrating high-efficiency kitchen infrastructure directly into hotel operations, the company addresses the increasing demand for streamlined food delivery and room service optimization. This strategic positioning allows Matbakhi to leverage existing hotel assets while providing a scalable solution for food service providers looking to expand their reach without the overhead of traditional brick-and-mortar establishments. The company sits at the intersection of prop-tech and food-tech, serving as a critical enabler for hotels aiming to modernize their culinary offerings in a digital-first market.

How much funding has Matbakhi raised?

Matbakhi has raised a total of $2.3M across 1 funding round:

2023

Other Financing Round

$2.3M

Other Financing Round (2023): $2.3M with participation from Bugshan Investment Company

Key Investors in Matbakhi

Bugshan Investment Company

A prominent investment firm with a diverse portfolio, focusing on strategic growth and long-term value creation across various sectors in the Middle East.

What's next for Matbakhi?

With this major strategic investment, Matbakhi is well-positioned to accelerate its expansion across the Middle East, focusing on deepening its integration with major hotel chains and enhancing its proprietary kitchen management software. The company's roadmap likely involves scaling its network density in key urban centers, optimizing supply chain logistics, and potentially diversifying its service offerings to include data-driven menu engineering for its partners. As the firm transitions from its initial development phase into a period of rapid scaling, the focus will remain on maintaining operational excellence and securing long-term partnerships with hospitality leaders to solidify its market dominance in the cloud-kitchen sector.

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Frequently Asked Questions Regarding Matbakhi Financial Insights

What are the most recent funding rounds that Matbakhi has completed, and what were the funding rounds?
Matbakhi has recently completed 1 funding rounds: Other Financing Round on Jan 31, 2023.
What is the total amount of funding Matbakhi has raised to date?
Matbakhi has raised a total of $2.3M in funding to date.
How many funding rounds has Matbakhi completed?
Matbakhi has completed 1 funding rounds.
How much funding did Matbakhi raise in its most recent funding round?
Matbakhi raised $2.3M in its most recent funding round.
Who are the lead investors in Matbakhi's latest funding round?
The lead investor in Matbakhi's latest funding round was Bugshan Investment Company. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Matbakhi's history?
The largest funding round in Matbakhi's history was $2.3M.
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