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allO has raised $14 million in Series A funding, led by Zigg Capital, to expand across Europe and enhance its AI-powered restaurant operating system.

PRIVATEMay 25, 20263 months ago

Amount Raised

$14 Million

Round Type

Series A

DubaiSoftware

Investors

Ludwig FuchsMark RansfordFabian SiegelKeen Venture Partners20 VcWecken & Cie.ApertureLife X VenturesZigg Capital

Description

allO, a Munich-based AI-native restaurant operating system, has raised $14 million in Series A funding. The round was led by Zigg Capital, with participation from various investors. The funds will be used to expand operations in Europe and improve platform capabilities. Founded in 2020, allO integrates various restaurant workflows into a single AI-powered system.

Company Information

Company

Allo

Location

Dubai, Dubai Emirate, United Arab Emirates

About

Allo.xyz is a protocol for Real World Assets and Bitcoin and the largest RWA marketplace by assets, with: - $2bn+ in assets, 1,500+ RWAs and 20,000 HNW clients enabling users to tokenize, invest and trade any financial asset on-chain. - Allo leverages a proprietary fund administration RWA ledger to increase speed, efficiency and reduce cost.

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1 contact
Verified contactsPankaj, Chief Founding Engineer
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Funding Insights

Based on industry data
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months
Monthly burn rate benchmark
47% of Series A startups spend $400k or more per month on operations
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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