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The Cloud (platform)

From Wikipedia, the free encyclopedia
The Cloud
IndustryFoodTech
Headquarters
Abu Dhabi
,
UAE
Websitehttps://thecloud.ae/

The Cloud is a global tech platform which develops and implements an Airbnb-like approach on the foodtech market transforming restaurants into cloud kitchens. It is supported by Hub71, Abu Dhabi's global tech ecosystem.[1][2]

History

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The Cloud was established in 2019 by Kamil Rogalinski and George Karam.[3][4] Between November 2019 and June 2020, The Cloud successfully raised pre-seed funding from Singapore-based Elēkrŏn Ventures.[1][4] In November 2020, a successful seed round was raised from Middle East Venture Partners.[1][4] In December 2021, The Cloud raised another $10 million.[1][5][6][7][4]

In April 2022, The Cloud partnered with E-Tips, a cashless tipping and review platform, to create a new way for customers to give back during the Holy month of Ramadan. The new «Tip The Chef» campaign covers delivery-only restaurants across major cities like Abu Dhabi and Dubai. The campaign allows customers to tip not only delivery drivers but also chefs and kitchen staff.[8][9][10][11] The company is present in the UAE, Belgium, Lithuania, the Netherlands, Romania, the US, KSA, and the UK.[5][12][13]

References

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  1. ^ a b c d Salian, Neesha (2022-09-16). "Cloud kitchen platform The Cloud raises $10m in funding round". Retrieved 2023-03-22.
  2. ^ "The Cloud". hub71.com. Retrieved 2023-03-22.
  3. ^ "UAE's The Cloud raises $10M Series A | MAGNiTT". magnitt.com. Retrieved 2023-03-22.
  4. ^ a b c d Hub, Abu Dhabi SME. "The Cloud, ghost kitchen platform, successfully secures $10 million in Series A funding". www.adsmehub.ae. Retrieved 2023-03-22.
  5. ^ a b Cabral, Alvin R. (2022-09-14). "Abu Dhabi start-up The Cloud raises $10m in new funding". The National. Retrieved 2023-03-22.
  6. ^ East, Forbes Middle. "منصة ذا كلاود الإماراتية الناشئة للمطابخ السحابية تجمع 10 ملايين دولار في جولة تمويل جديدة". Forbes ME. Retrieved 2023-03-22.
  7. ^ "Abu Dhabi start-up The Cloud successfully completes series A funding". Caterer Middle East. September 16, 2022.
  8. ^ "E-Tips Launches The New Way Of Tipping In 100 + Restaurants Ac..." www.dubairestaurantsguide.com. Retrieved 2023-03-22.
  9. ^ "Media Announcement: E-Tips launches the new way of tipping in 100+ restaurants across the UAE". The Buzz Magazine (in Arabic). Retrieved 2023-03-22.
  10. ^ DNS (2022-04-05). "E-Tips Launches the New Way of Tipping in 100 + Restaurants Across the UAE". Dubai New Style. Retrieved 2023-03-22.
  11. ^ Wire, ZEX PR (2022-04-11). "E-Tips launches the new way of tipping in 100+ restaurants across the UAE in partnership with The Cloud". ZEX PR WIRE. Retrieved 2023-03-22.
  12. ^ "The Cloud closes $10 million Series A round". Wamda. Retrieved 2023-03-22.
  13. ^ Ahmed, Aalia Mehreen (2022-09-19). ""We Got Funded!" Abu Dhabi-Based Cloud Kitchen Platform The Cloud Raises US$10 Million In A Series A Round To Fuel Expansion Into The GCC And Europe". Entrepreneur. Retrieved 2023-03-22.