UAE foodtech ChatFood raises $3m in bridge round for Saudi expansion 

RIYADH: UAE-based foodtech startup ChatFood raised $3 million in a bridge round led by venture capital firm Antler with key strategic Saudi partners as the company plans expansion into the Kingdom.

The round also saw participation from venture capital firm 6G Capital as well as existing investors such as Swiss billionaire Guillaume Pousaz’s investment firm Zinal Growth.

Founded in 2019, the company offers an omnichannel ordering and data-driven marketing platform that targets hospitality businesses to support them in building relationships with their customers as well as selling online, Wamda reported.

Aside from Saudi expansion, the company will use this funding to boost product development to support more businesses.

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