Foodics has moved quickly to grab a leading spot in the Middle East's restaurant tech market. In 2025, the company processed $12 billion in gross merchandise value, up 20% from the year before. That jump shows how restaurants in Saudi Arabia, the UAE, Egypt, Jordan, and Kuwait are changing how they run their businesses and handle payments.
Independent search results do not provide official confirmation of Foodics' reported acquisitions or financial figures, and no direct statements from the involved parties have been found.
Acquisitions drive expansion
Foodics has leaned on targeted acquisitions to speed up its growth. In February 2025, it bought Solo Venture, a UK company known for self-ordering kiosks, white-label websites, and app ordering tech. This deal brought new self-service and digital ordering features to Foodics, helping restaurants and merchants who want faster service and better ways to connect with customers.
The company kept up the pace in June 2026 by acquiring Norma AI, a startup from Greece focused on artificial intelligence. By bringing Norma AI's technology on board, Foodics aims to offer smarter, data-driven tools for restaurant management. This move helps set its platform apart in a crowded market.
Funding and regional reach
Available search results indicate that there is no independent confirmation of the structure, value, or regulatory approval of Foodics' reported acquisitions, nor are there official statements from Foodics, Solo Venture, Norma AI, or relevant regulators regarding these deals.
Foodics' rapid rise shows how much demand there is for digital tools in the region's food service sector. The company has managed to process billions in GMV, secure major funding, and pull off cross-border deals. As Foodics brings in more AI and self-service features, it is tightening its grip on the market and pushing other restaurant tech firms in the Middle East to keep up.