“We Got Funded!” Emirates Growth Fund Backs UAE Online Butchery Shop CarniStore with AED45 Million Investment
The funding will help UAE-based online butcher shop and smokehouse CarniStore expand its operations, introduce new products, and prepare for growth in regional markets.
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Emirates Growth Fund (EGF), the UAE’s flagship growth equity investor, has invested AED45 million in CarniStore, a UAE-based online butcher shop and smokehouse, marking its first investment in the food sector.
The funding will help CarniStore expand its operations, introduce new products, and prepare for growth in regional markets.
“Beyond just investing growth equity, we work with founders to strengthen go to market, governance and institutional capability” said Khalifa Al Hajeri, CEO of EGF. “CarniStore exemplifies the entrepreneurial grit and quality standards we seek in homegrown companies with the potential to evolve into enduring national champions in their industries.”
As a strategic minority investor, EGF will support CarniStore’s growth and help strengthen its business processes, while keeping the company’s identity intact.
“EGF’s strategic backing allows us to scale CarniStore with real intention, growing our operations and developing new products while protecting the premium quality and service our customers rely on,” said Daniel “ Dan” Wanies, Co-CEO & Co-Founder of CarniStore. “It’s an important step forward and a reminder that a UAE-born brand can lead internationally, not simply participate.”
Emirates Growth Fund (EGF), the UAE’s flagship growth equity investor, has invested AED45 million in CarniStore, a UAE-based online butcher shop and smokehouse, marking its first investment in the food sector.
The funding will help CarniStore expand its operations, introduce new products, and prepare for growth in regional markets.
“Beyond just investing growth equity, we work with founders to strengthen go to market, governance and institutional capability” said Khalifa Al Hajeri, CEO of EGF. “CarniStore exemplifies the entrepreneurial grit and quality standards we seek in homegrown companies with the potential to evolve into enduring national champions in their industries.”
As a strategic minority investor, EGF will support CarniStore’s growth and help strengthen its business processes, while keeping the company’s identity intact.
“EGF’s strategic backing allows us to scale CarniStore with real intention, growing our operations and developing new products while protecting the premium quality and service our customers rely on,” said Daniel “ Dan” Wanies, Co-CEO & Co-Founder of CarniStore. “It’s an important step forward and a reminder that a UAE-born brand can lead internationally, not simply participate.”
