iKcon operates as a tech-enabled cloud kitchen as-a-service provider that procures, cooks, and delivers food on behalf of restaurants and brand owners. The company was founded in Dubai in early 2019 by Khalid Baareh (CEO) and Kareem Abughazaleh (COO). It currently runs 15 cloud kitchens across the UAE and is imminently launching its first cloud kitchen in KSA. iKcon partners with 70+ regional and international restaurant partners, including Pinza, German Doner & Kebab, Wingsters, Salmontini, and Monkey Cookies. The company plans regional expansion and aims to rapidly grow its network to 50 cloud kitchens. Management says it will also develop a proprietary technology stack and continue investing in operational excellence and training programs as it scales. iKcon is a Dubai-based, tech-enabled cloud kitchen operator founded by Khalid Baareh (CEO) and Kareem Abughazaleh (COO). The company procures, cooks, and delivers food on behalf of partner restaurants and brand owners, operating as a franchisee to extend partners' delivery reach. iKcon currently runs ten cloud kitchens across the UAE and plans to begin operations in Saudi Arabia in Q4 2020 with further regional expansion planned throughout 2021. The company raised $5M in a Pre-Series A funding round. iKcon is focused on developing proprietary technology to accelerate data analytics, process automation, and AI as key differentiators in its operations.

Total raised

$25M

Funding rounds

2

Latest round

Series A

Latest activity

Mar 2021