Ikcon

iKcon operates cloud kitchens, which cook and deliver food on behalf of restaurants, extending the reach of food and beverage brands. The company currently operates 12 cloud kitchens across the U.A.E., with plans to expand to Saudi Arabia in 2020 and other Middle Eastern countries throughout 2021. CEO Khalid Baareh comes from a background in mergers and acquisitions and management consulting, whereas COO Kareem Abughazaleh previously founded Foodie Brands. iKcon raised $5 million in 2020, bringing its total funding to $10 million.