MealPlanet, a UAE-based food tech platform, has closed a $6 million seed round led by Middle East Venture Partners (MEVP), AlTouq Group, Sanabil 500, Faith Capital, and Alturki Ventures, as well as renowned entrepreneurs Marc Lore and Samih Toukan.

Why it Matters? The growing interest in healthy meals subscriptions in the region is fueling investor interest in the food technology sector.

More to Know:

• MealPlanet was founded at the beginning of 2024.
• It connects the consumers with a wide range of brands allowing them to discover, subscribe to and manage their healthy meal plans.
• The funds will be used to propel its regional expansion plans, starting with Saudi Arabia in the first quarter of 2025.
• MealPlanet’s revenues come from charging providers a commission fee based on their monthly sales through its platform.
• Khalid Baareh, the founder of MealPlanet, has previously co-founded a cloud kitchen platform, iKcon, which was acquired by US’s REEF technology.