Syrian foodtech Percent Labs closes seed round at over $1 million valuation
Syria-based foodtech startup Percent Labs has closed an undisclosed seed funding round at a valuation exceeding $1 million, backed by Syrian angel investors based abroad. Founded in 2025 by Khaled Al Hosini, Soubhi Bakri and Jawad Shebli, Percent Labs develops and operates multiple delivery-focused food brands through a shared cloud kitchen infrastructure, combining product development, marketing…
Syria-based foodtech startup Percent Labs has successfully raised an undisclosed amount in a seed funding round, setting an impressive valuation of more than $1 million. The investment was led by Syrian angel investors based overseas. Founded in 2025 by Khaled Al Hosini, Soubhi Bakri and Jawad Shebli, Percent Labs operates multiple delivery-focused food brands through a shared cloud kitchen infrastructure.
This model enables the company to share production facilities and operational infrastructure, thereby reducing costs and allowing for swift expansion. The fresh capital will be utilized to drive operational expansion, develop new food products, and launch additional brands. The company's ambitious goal is to double its current monthly order volume of over 10,000 to more than 40,000 within the next 18 months.
The funding will also be used to enhance the company's operational infrastructure to better support its growth in Syria's restaurant and food delivery market.
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