> ## Content Index
> Fetch the complete content index at: https://www.techloy.com/llms.txt
> Use this file to discover other available public pages before exploring further.

# UAE-based B2B food marketplace Supy secures $8 million for global expansion
- URL: https://www.techloy.com/uae-based-b2b-food-marketplace-supy-secures-8-million-for-global-expansion/
- Published: 2022-07-05T14:48:57.000Z
- Updated: 2022-12-08T01:53:16.000Z
- Author: Oluwajuwonlo Afolabi
- Tags: Foodtech, Tech in UAE

UAE-based business-to-business (B2B) food marketplace startup, [Supy,](https://supy.io/) has secured $8 million in its seed funding round led by BECO Capital, to support its global expansion.

- The fund will be used to improve its stack of technology, advance its product offering, launch settlement and payment solution, and expand its presence in the Kingdom of Saudi Arabia.
- Founded in 2021, Supy uses web and app-based software to offer insights to restaurants on purchasing trends toward increasing their profit margins and building restaurant-supplier relationships.
- Valia Ventures, COTU Ventures, Global Ventures, and AMK Investment Office invested in the round.