Wilson Sonsini Advises Kitopi on $415 Million Series C Funding Round

On July 1, 2021, Kitopi, the world’s leading managed cloud kitchen platform, announced the completion of a $415 million in Series C funding round. The financing was led by Softbank Vision Fund 2, with participation from Chimera, DisruptAD, B. Riley, Dogus Group, Next Play Capital, and Nordstar. Wilson Sonsini Goodrich & Rosati advised Kitopi on the financing.

Founded in January 2018 and headquartered in Dubai, Kitopi—which stands for “Kitchen Uptopia”—currently operates more than 60 kitchens across the UAE, KSA, Kuwait, and Bahrain. The company said it will use the new funding to fuel its continued expansion within the Middle East and support entry to new markets such as Southeast Asia. Kitopi will also continue to innovate and expand its tech stack, grow its strategic restaurant partnerships, and build a best-in-class team across the organization.

The Wilson Sonsini team that advised Kitopi on the financing includes Mark Holloway, Mike Lin, Sean Semmler, Derek Wallace, and Matt Gorman.

For more information, please see Kitopi’s announcement and message from the company’s CEO.