Kitopi news and trends

FAT Brands Brings 70 Virtual Locations to the Middle East as Ghost Kitchen Expansion Trend Goes Global

September 07, 2021
Fatburger
Dubai Cloud Kitchen Startup Kitopi Raises $415M
Investments // July 01, 2021

Kitchen as a Service (KaaS) startup Kitopi closed a $415 million Series C funding round led by SoftBank Vision Fund 2 to advance its expansion in the Middle East. Participation in the funding also came from Chimera, DisruptAD, B. Riley, Dogus Group, Next Play Capital...

SoftBank In Funding Talks With Dubai Cloud Kitchen Platform Kitopi
Investments // June 02, 2021

SoftBank’s Vision Fund 2 is in talks to invest in Dubai cloud kitchen Kitopi’s latest funding round, Reuters reported, citing sources. Earlier this year Kitopi teamed up with Bank of America for assistance in the funding round, a source told Reuters. The funding is anticipated...

Cloud Kitchen Platform Kitopi Seeks $200 Million To Push Into Southeast Asia
Investments // March 18, 2021

Kitopi, a shared kitchen platform focused solely on online food delivery, is seeking $150 million to $200 million in financing to reach markets in Southeast Asia. Reuters, citing unnamed sources, reported Thursday (March 18) that these funds could give Kitopi — an unlisted company —...

Quick Reads
Dubai Cloud Kitchen Startup Kitopi Raises $415M

July 01, 2021
Kitchen as a Service (KaaS) startup Kitopi closed a $415 million Series C funding round led by SoftBank Vision Fund 2 to advance its expansion in the Middle East. Participation in the funding also came from Chimera, DisruptAD, B. Riley, Dogus Group, Next Play Capital and Nordstar. Mohamad Ballout, Kitopi CEO and co-founder, said in […]

SoftBank In Funding Talks With Dubai Cloud Kitchen Platform Kitopi

June 02, 2021
SoftBank’s Vision Fund 2 is in talks to invest in Dubai cloud kitchen Kitopi’s latest funding round, Reuters reported, citing sources. Earlier this year Kitopi teamed up with Bank of...

Cloud Kitchen Platform Kitopi Seeks $200 Million To Push Into Southeast Asia

March 18, 2021
Kitopi, a shared kitchen platform focused solely on online food delivery, is seeking $150 million to $200 million in financing to reach markets in Southeast Asia. Reuters, citing unnamed sources,...