Mema's Funding: How Much Did They Raise & Key Investors

How Much Did Mema's Raise?
Funding & Key Investors

Mema's, a Wilmington, NC-based restaurant specializing in southern cuisine, has secured $18K in total capital, with a recent infusion of $18K designated for moderate growth. This latest financing round underscores the company's trajectory within the competitive restaurant sector, positioning it for expansion and enhanced operational capabilities.

What is Mema's?

Mema's

Hospitality

Restaurant Reservations

MeMas Chickn & Ribs, established in 2017, is a vibrant restaurant in Wilmington, NC, renowned for its authentic southern cuisine, with a particular emphasis on smoked meats, seafood, and vegetarian offerings. The establishment aims to redefine the dining experience by delivering bold, flavorful dishes crafted from the freshest ingredients. Beyond its culinary focus, MeMas serves as a community hub, fostering networking and engagement among locals and tourists alike. The restaurant also offers patrons a unique way to contribute to its legacy through the MeMas Gratitude Tree initiative.

How much funding has Mema's raised?

Mema's has raised a total of $18K across 1 funding round:

2021

Debt

$18K

Debt (2021): $18K with participation from PPP

Key Investors in Mema's

PPP

Public-Private Partnership

What's next for Mema's?

Operating within a Series A/B growth stage, Mema's is poised to leverage its recent capital injection for strategic expansion and operational enhancements. The moderate growth capital suggests a focus on scaling existing operations, potentially through menu innovation, marketing initiatives, or expanding service areas. The company's commitment to fresh ingredients and community engagement provides a strong foundation for sustained growth and market penetration in the competitive food service industry.

See full Mema's company page

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