Bahrain-based Lola, a startup that allows customers to customise and order desserts by means of its cell app, has raised $1.3 million in a pre-seed spherical led by Imaginative and prescient Ventures and Plus VC, with participation from strategic angel traders, it introduced at this time.
Based by Othman Janahi in September 2023, Lola launched first in Bahrain earlier than increasing to Riyadh in July 2024 and the UAE in December 2024. The startup claims to have grown its measurement and market share 5 occasions since launch by way of desserts baked and events celebrated.
The platform permits prospects to design their desserts in beneath a minute by selecting from hundreds of designs, colours, and customised combos. Lola plans to make use of the funds to boost its platform, broaden its staff, optimize logistics, and speed up its growth throughout Saudi Arabia, beginning with Jeddah and the Japanese Province.
Othman Janahi, Founder and CEO of Lola, stated, “We’re thrilled to have such skilled and educated traders who share our imaginative and prescient. Past capital, their strategic insights and seasoned steering are invaluable as we drive ahead.
“The cake business is huge and fiercely aggressive, however Lola has all the time been about baking recollections, not simply delivering a product. Because the demand for personalised gifting options continues to develop, Lola stays dedicated to setting new business requirements, delivering unparalleled customization choices and making certain that each celebration has Lola as its centerpiece,” he added.
Kais Al Essa, Founding Associate and CEO at Imaginative and prescient Ventures, stated, “Lola fixes the awkward cake ordering expertise by delivering an progressive ordering app by means of which purchasers can think about and see how their cake will look by means of an easy-to-use and enjoyable expertise. We imagine Lola’s method to desserts is disruptive and due to this fact envision that sooner or later Lola will empower cake making in every single place.”
“By seamlessly integrating personalization and expertise into the gifting expertise, Lola is reworking the best way individuals rejoice. We’re excited to assist Othman and his staff as they broaden throughout the area,” stated Hasan Haider, Managing Associate at Plus VC.
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