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

Mema's, a prominent fixture in the Wilmington, North Carolina culinary landscape, has successfully secured a significant infusion of capital to bolster its operational footprint. The organization, which has established itself as a cornerstone of local southern cuisine, recently finalized a financing round totaling $18K. This latest injection of liquidity brings the company's cumulative financial backing to $18K, marking a pivotal transition as the firm moves from its foundational roots toward a more aggressive scaling phase within the competitive hospitality sector.

What is Mema's?

Mema's
HospitalityRestaurant Reservations

Founded in 2017, Mema's Chickn & Ribs has carved out a distinct market position by blending traditional southern culinary techniques with a modern, community-focused dining experience. Specializing in high-quality smoked meats, fresh seafood, and inclusive vegetarian offerings, the company serves as more than a restaurant; it functions as a social hub for both residents and visitors. By prioritizing fresh ingredients and fostering community engagement through initiatives like the Gratitude Tree, Mema's has differentiated its brand in a crowded food service market, demonstrating strong potential for regional expansion and brand loyalty development.

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?

With the recent acquisition of growth capital, Mema's is well-positioned to optimize its operational infrastructure and explore new market opportunities. The current Series A/B growth stage suggests a strategic pivot toward scaling its unique dining model, potentially through increased capacity, enhanced supply chain logistics, or the exploration of additional locations. As the company leverages this investment, the focus will likely remain on maintaining the high-quality standards that have defined its reputation while scaling its community-centric business model to reach a broader demographic. Future growth will depend on the firm's ability to balance rapid expansion with the authentic, localized experience that has served as its primary competitive advantage.

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Frequently Asked Questions Regarding Mema's Financial Insights

What are the most recent funding rounds that Mema's has completed, and what were the funding rounds?
Mema's has recently completed 1 funding rounds: Debt on Feb 19, 2021.
What is the total amount of funding Mema's has raised to date?
Mema's has raised a total of $18K in funding to date.
How many funding rounds has Mema's completed?
Mema's has completed 1 funding rounds.
How much funding did Mema's raise in its most recent funding round?
Mema's raised $18K in its most recent funding round.
Who are the lead investors in Mema's's latest funding round?
The lead investor in Mema's's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Mema's's history?
The largest funding round in Mema's's history was $18K.
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