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07.08.2025 - 18:08:49'The Cloud' Secures $12 Million in Series B Funding, Acquires Leading UK Food Tech Startup KBOX, Aiming for Expansion in Europe
Part of Abu Dhabi's Hub71, The Cloud secures $12 million in Series B funding, with MENA Moonshots among the new investors, reflecting broad market confidenceStrategic acquisition of KBOX adds 200 locations in the UK to The Cloud's global portfolio, purchased for an undisclosed amount, signaling a strategic move into the European market with expansion planned in the UK, Lithuania, Belgium, and the NetherlandsFounder & Chairman Georges Karam, alongside strategic investors, positions The Cloud as a disruptor in the food tech sector, aiming for a dual listing in Abu Dhabi and Riyadh by 2027 with a target of 8,000 locationsView original content:https://www.prnewswire.co.uk/news-releases/the-cloud-secures-12-million-in-series-b-funding-acquires-leading-uk-food-tech-startup-kbox-aiming-for-expansion-in-europe-302064949.html

