Matbakhi: Funding, Investors & Team (Oct 2026)
A cutting-edge food tech firm called Matbakhi uses a novel hotel-based cloud kitchen approach to assist hotels turn underused kitchens into revenue-generating areas while reviving their menu with heartfelt brands created by young, upcoming local chefs.
Matbakhi has raised $2.3M across 1 funding round on record, the most recent a Pre-Seed of $2.3M announced in Jan 2023.
That round is in line with the $2.4M median round size for Food and Beverage companies tracked on FundedIQ over the last two years.
Matbakhi Company Profile and Key Stats
Latest funding round on record: Jan 2023.
Matbakhi Funding Rounds
Matbakhi Founders and Leadership Team
No contact details are on record for this team yet.
Matbakhi Funding Compared to Other Food and Beverage Startups
Matbakhi's latest round of $2.3M is in line with the median round in Food and Beverage. Medians cover the last 24 months of disclosed rounds.
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Matbakhi Funding FAQs
What does Matbakhi do?
A cutting-edge food tech firm called Matbakhi uses a novel hotel-based cloud kitchen approach to assist hotels turn underused kitchens into revenue-generating areas while reviving their menu with heartfelt brands created by young, upcoming local chefs.
How much funding has Matbakhi raised?
Matbakhi has raised $2.3M across 1 round on record. The most recent is a Pre-Seed of $2.3M announced in Jan 2023.
When did Matbakhi last raise funding?
Matbakhi's most recent funding round on record is a Pre-Seed of $2.3M, announced in Jan 2023.
Who is the CEO of Matbakhi?
Joe Frem is listed as CEO at Matbakhi.
Where is Matbakhi headquartered?
Matbakhi is based in Riyadh, Ar Riyad, Saudi Arabia.
How many employees does Matbakhi have?
Matbakhi is in the 11-50 employee band.
How does Matbakhi's funding compare to other Food and Beverage startups?
Matbakhi's latest round of $2.3M is in line with the $2.4M median round size for Food and Beverage companies on FundedIQ across 1,334 tracked companies over the last two years.
About FundedIQ's Matbakhi Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Matbakhi is left off this page rather than filled in.
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