Transaction
Foodics acquires Norma AI
- Announced
- 22 June 2026
- Target
- Norma AI
- Value
- Undisclosed
- Asset class
- Venture Capital
- Type
- Merger/Acquisition(M&A)
- Instrument
- Ordinary Shares (Equity)
- Lead investors
- Al-Saheb Al-Mutqadma for Information Technology
- Investors
- Al-Saheb Al-Mutqadma for Information Technology
- Sector
- Technology / Data Processing & Outsourced Services, Application Software
About the target
Norma AI is a Greece-based artificial intelligence and data intelligence company built for the hospitality and restaurant industry. Founded by George Henein and Anastasios Anastasiadis, the company develops analytics and business intelligence tools that allow restaurant operators to query operating data in natural language, receive instant answers and create custom dashboards without technical expertise. In 2024, Norma AI launched a natural language querying business intelligence application for hospitality operators. In June 2026, Foodics completed a 100% acquisition of Norma AI, integrating its Analytics Agent and BI application into Foodics’ dedicated AI division.
Sources
- www.wamda.com
- Partner Researchers