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Kitopi

Active#3 in United Arab Emirates

Runs a network of cloud kitchens and its own food brands, preparing and delivering meals for partner restaurants and consumers through delivery apps across Gulf countries.

Founded2018
HQDubai
RaisedUSD 715M+
Last roundSeries C (with extension) · May 2022
Country of originUnited Arab EmiratesListed in the United Arab Emirates ranking
Where would you invest?United Arab EmiratesJurisdiction as cited by the ranking

Uback rankings

How the AI ranks →
RankingTierRankEditionNext update
UAE · all sectorsTop 20#3Edition 0 · October 202613 Oct 2026
Rank historyOct 2026 · #3First edition: no movements yet.

Estimated valuation

AI · UAE ranking
≈ USD 1.2bnUSD 820M–1.8bn · Unicorn
Anchor
Last known equity round: Series C · USD 715M · May 2022
Published valuation
USD 1.6bn · May 2022 · older than 24 months, shown for reference
AI adjustment
÷ 3: the Series C priced the company at USD 1.55bn in 2022 and the cloud-kitchen model has been repriced since; Feb 2026 financing was credit

An indicative editorial estimate produced by AI, imperfect by nature: neither a financial valuation nor investment advice. Only the market sets a company’s value. Method

Funding history

USD 715M+ raised in total
DateRoundAmountTypeInvestors
May 2022Series C (with extension)USD 720MEquitySoftBank Vision Fund 2, Chimera, DisruptAD

May 2022 , at USD 1.55bn.

Rounds as cited by Uback’s rankings. Equity, debt and grants are shown separately; only equity rounds count towards the valuation anchor.

Independent analyses

By industry professionals & analysts

Industry professionals and financial analysts can publish their own analysis of Kitopi as a PDF. It must answer at least one of these four questions, and stick to them:

AI valuation: $1.2BUndervalued or overvalued?
Versus competitorsHow does it compare?
Who should acquire itStrategic buyers, and why
Who should it acquireAcquisition targets, and why
Publish an analysisName, role and LinkedIn shown · public sources only

Analyses are the opinion of their authors, not of Uback. They are checked before publication.

Comparable companies in UAE

Full UAE ranking →

Investors in Kitopi: SoftBank Vision Fund · Chimera · DisruptAD

Last updated: Oct 2026Report an error

Uback is a content publisher and an aggregator of non-binding expressions of interest. It provides no investment advice, receives no mandate and takes part in no transaction. Rankings, ranges and brackets are editorial estimates produced by AI, purely indicative.