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Kitopi

Kitopi

ActiveHiring

Cloud kitchen as a service platform

Dubai, UAEFounded 20183,615 employees
FoodTech

Tech-powered managed cloud kitchen platform operating 200+ kitchens across UAE, Saudi Arabia, Kuwait, Qatar, and Bahrain.

Founders

Mohamad Ballout

CEO & Co-founder

Saman Darkan

CTO & Co-founder

Bader Ataya

Chief Growth Officer & Co-founder

Andres Arenas

Chief Property Officer & Co-founder

Sami Bejjani

CFO & Co-founder

Legion Richardson

Chief People Officer

Dina Shaker

Chief Financial Officer

Funding Rounds

Pre-Seed
$2M

Lead: CE-Ventures

Investors: CE-Ventures, BECO Capital

2018. The National: 'Kitopi has raised approximately $2m in a pre-seed round'; Global Venturing calls it a 2018 seed 'led by CE-Ventures and backed by Beco Capital'. BECO's portfolio page confirms it partnered at seed stage in 2018. Amount is 'approximately'. fwdstart.me mentions early angels including Travis Kalanick (unverified). Also: https://globalventuring.com/corporate/kitopi-consumes-415m-in-series-c-funding/ https://www.becocapital.com/portfolio/kitopi/ Confidence: confirmed (round 13, The National).

DebtFeb 2026
$50M

Lead: EvolutionX Debt Capital

Investors: EvolutionX Debt Capital

Growth capital from EvolutionX, the private-credit platform of Temasek and DBS; Wamda describes it as non-dilutive private credit, hence 'debt'. Crunchbase dates the close 2026-01-30. The press release lists prior backers as SoftBank, Lunate, BECO Capital, CE Ventures, Knollwood. Also: https://www.wamda.com/2026/02/kitopi-raises-50-million-growth-capital-led-evolutionx https://uaestartupstory.com/news/uae-cloud-kitchen-leader-kitopi-raises-50-million-in-growth-capital-led-by-evolutionx/ Confidence: confirmed (round 13, Zawya (press release)).

Series CMay 2022
$300M

Lead: SoftBank Vision Fund 2

Post: $1.6B

$300M Series C extension closed late 2021, disclosed 12 May 2022.

Series CJul 2021
$415M

Lead: SoftBank Vision Fund 2

Investors: Chimera, DisruptAD, B. Riley, Dogus Group, Next Play Capital, Nordstar

Post: $1B
Series BFeb 2020
$60M

Lead: Knollwood

Investors: Lumia Capital

Series ADec 2018
$27.2M

Open Positions2

Full Stack Developer

EngineeringDubai, UAEfull time

Operations Manager

OperationsDubai, UAEfull time

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