UAE-based FoodTech ChatFood raised $3 million led by Antler with a reserved amount for key strategic Saudi partners where 6G Capital and existing investors such as Zinal Growth also participated.
ChatFood is an omnichannel ordering and data-driven marketing platform that aims to assist hospitality businesses in regaining control of their customer relationships and beginning to sell online. ChatFood has developed a mobile ordering solution that allows restaurants to sell via Instagram and WhatsApp. The funds will be used primarily to establish operations in Saudi Arabia, where the market is expected to exceed $25 billion by 2026, as well as product development to unlock additional efficiencies for restaurants, bars, hotels, and entertainment venues.
