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Foodtech Startups Raise Record Amounts in 2021

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By Lucidity Insights Research Team • December 26, 2022

Foodtech Startups Raise Record Amounts in 2021

Q1 2021 was a record quarter with larger deal sizes going towards Foodtech start-ups; the first half of 2021 raised $22.3 million USD, almost the amount raised for the all of 2020.

Primed for Growth: Cloud Kitchens in the GCC

A look at the region’s role in a global industry that’s expected to be worth US$71.4 billion by 2027.

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A glimpse of the foodtech ecosystem and value chain

Refers to the cross-section of Agriculture and Technology. It involves harnessing the power of technology to maximize productivity, yield, and overall efficiency.

What are the most populous cities across the GCC

What are the most populous cities across the GCC

What are the UAE’s Online Food Delivery Market Trends?

What are the UAE’s Online Food Delivery Market Trends?

How do GCC Countries compare for Online Food Delivery Market Size and future forecasts?

How do GCC Countries compare for Online Food Delivery Market Size and future forecasts?

The Foodtech sector is birthing Unicorns at an unprecedented rate

Out of the 64 foodtech unicorns in the world (up to June 2021), nearly half or 31 unicorns were food delivery companies. Dubai-based cloud-kitchen start-up,

What are the Macro-Economics Indicators driving the rapid adoption of Food Delivery in the GCC?

Discover which GCC countries are major battlegrounds for food delivery and cloud kitchen players, and learn why some countries have lower adoption rates.

How attractive are the GCC markets to eCommerce and Consumer-Focused Tech Start-ups?

Learn why Saudi Arabia is the most appealing market for consumer-tech start-ups in the GCC, followed by the United Arab Emirates.

What are Kuwait’s Online Food Delivery Market Trends?

Kuwait has the highest average revenue per online food delivery user in the region, and is home to Talabat and KLC – who are regional heavy-weights.

What are Saudi Arabia’s Online Food Delivery Market Trends?

Saudi is the most populous country with the largest online food delivery market in the GCC comprises 45% of the market and forecasts the largest growth in 2025.

The Rise of the Cloud Kitchen Model

Cloud Kitchens are streamlined commercial kitchens designed specifically with food delivery in mind... and it's taking the world by storm.

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