UAE’s Elkaso raises $2.1m in pre-seed round

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  • UAE-based business-to-business marketplace Elkaso has raised $2.1 million in a pre-seed round
  • The capital injection will be used to expand Elkaso’s team

Elkaso, the United Arab Emirates-based company, has raised $2.1 million in a pre-seed round, with Global Founders Capital leading the funding round.

There was also participation of MSA Capital and other regional investors in the funding.

The startup provides a platform for restaurants to fulfill their supply chain needs, much like how consumers order food from applications like Talabat and Zomato.

“We are building the Elkaso platform to close this gap in the Middle East and North Africa region and to improve transparency in the food supply chain,” one of its founders Manar Alkassar said.

He added: “The app seamlessly connects restaurants and suppliers, enabling them to communicate, discover, place, and fulfill orders easily.”

The capital injection will be used to expand Elkaso’s team, and to explore opportunities in other markets.

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