Dubai’s Kitopi launches in two new markets amidst its fourth year anniversary – ArabianBusiness

  • Date: 14-Jan-2022
  • Source: Arabian Business
  • Sector:Retail
  • Country:UAE
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Dubai’s Kitopi launches in two new markets amidst its fourth year anniversary – ArabianBusiness

Dubai-based cloud kitchen start-up Kitopi is set to launch in Bahrain and Qatar, raising its market share to five countries across the GCC. Further expansion of its kitchens to Singapore and Malaysia in the books for the second half of 2022.

This comes in as the unicorn start-up, which has over 200 brand partners, 3,500 employees and 80 cloud kitchens across the GCC, is marking its fourth year anniversary.

In July 2021, Kitopi announced its $415 million Series C funding round, led by technology-focused investment fund, Softbank Group Corp’s Vision Fund 2. This investment, which marked the fund’s first investment in a UAE-headquartered company, gave Kitopi ‘Unicorn’ status.