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Foodtech Tech in UAE

UAE-based B2B food marketplace Supy secures $8 million for global expansion

UAE-based business-to-business (B2B) food marketplace startup, Supy, has secured $8 million in its seed funding round led by BECO Capital, to support its global expansion. * The fund will be used to improve its stack of technology, advance its product offering, launch settlement and payment solution, and expand its presence in

Oluwajuwonlo Afolabi profile image
by Oluwajuwonlo Afolabi
Updated
UAE-based B2B food marketplace Supy secures $8 million for global expansion
Image Credit: Supy

UAE-based business-to-business (B2B) food marketplace startup, Supy, has secured $8 million in its seed funding round led by BECO Capital, to support its global expansion.

  • The fund will be used to improve its stack of technology, advance its product offering, launch settlement and payment solution, and expand its presence in the Kingdom of Saudi Arabia.
  • Founded in 2021, Supy uses web and app-based software to offer insights to restaurants on purchasing trends toward increasing their profit margins and building restaurant-supplier relationships.  
  • Valia Ventures, COTU Ventures, Global Ventures, and AMK Investment Office invested in the round.
Oluwajuwonlo Afolabi profile image
by Oluwajuwonlo Afolabi
Updated

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