• Oman-based foodtech Fascano has closed its second funding round at an undisclosed amount, led by the Oman Future Fund, in collaboration with the Oman Investment Authority and Cyfr Capital.
• Founded in 2021 by Ahmed Al Kharusi and Murak Al Muairki, Fascano’s platform features a cloud-based programme that allows businesses to efficiently manage reservations and orders, create digital product menus, and facilitate fast payments through QR codes, enhancing customer experiences and streamlining daily operations.
• The newly secured investment will be used to support the platform’s expansion in offering innovative technological solutions for the hospitality, food, and beverage sectors.
• Fascano closed its first funding round two years ago, raising over $1 million.

Source: EntArabi

Omani online food ordering platform Fascano has successfully closed its second funding round.

The round was led by the Oman Future Fund in collaboration with the Oman Investment Authority and Cyfr Capital, reflecting strong confidence in the company’s potential and innovation capabilities.

The newly secured investment will be used to support the platform’s expansion in offering innovative technological solutions for the hospitality, food, and beverage sectors.

Fascano provides digital services targeting hotels, restaurants, cafes, and other businesses within these industries.

The platform features a cloud-based program that allows businesses to efficiently manage reservations and orders, create digital product menus, and facilitate fast payments through QR codes, enhancing customer experiences and streamlining daily operations.

It is worth noting that Fascano closed its first funding round two years ago, raising over $1 million, reflecting its ongoing growth and ability to attract investments to support its expansion plans.