Orrick Advises Foodics on $170 Million Financing Round

April.21.2022

Congratulations to our client Foodics, a cloud-based technology and payments platform for restaurants in the MENA region, on its $170 million Series C funding round. This is the largest SaaS Series C round in the MENA region.

Led by Prosus and Sanabil Investments, the round also included Sequoia Capital India, STV and Endeavor Catalyst. Foodics will use the proceeds to launch and scale initiatives around fintech, micro-lending and supply chain management.

The Orrick team advising Foodics was led by Chris Grew and includes Nicholas Hayes, James Badge, Kristy Hart and Taylor Brien.