Egyptian startup to revolutionize the food & beverage industry: Yumamia raises a Pre-Series A $1.5M investment round

Funding 1 year ago - Wed, May 22, 2019, 11:59 AM

Egyptian startup to revolutionize the food & beverage industry: Yumamia raises a Pre-Series A $1.5M investment round
Author: MAGNiTT

Yumamia,inc., the leading food tech startup, announced today raising a $1.5 Million Pre-series A investment round bringing their total funding to $2.8 Million up to date.

The investment round was led by Pure Consulting, A leading Saudi boutique consulting firm, established with collective local and multinational expertise in marketing and management consulting.

The financing will be used to fund Yumamia’s expansion to KSA as well accelerate the growth in Egypt.

"With the strong knowledge of the Saudi Arabian market, Pure Consulting is a very strong strategic partner that will help Yumamia penetrate the Saudi market ," said Belal EL Borno, CEO of Yumamia.

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