Foodics to become the region’s leading food technology company
Startups in the Middle East have met their 2022 goals for investment, expansion, and technology advancement.
With an increase in funding, partnerships, and product development in the ecosystem, the region saw startups generating headlines like never before.
Saudi Arabia's Foodics topped the list of the region's most active startups, outperforming all expectations and seeing tremendous development.
Foodics, a Saudi-based food and fintech startup founded in 2014, provides point-of-sale solutions with hardware and software to increase the food and beverage market.
According to Foodics CEO and co-founder Ahmad Al-Zaini, the company's first acquisition and series C fundraising round were the most important milestones in 2022.
“This year has been crucial for Foodics,” said Al-...