Kitopi’s $415 Million Series C Funding Round

Wilson Sonsini Goodrich & Rosati and Walkers advised Kitopi on the deal.

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.

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 (Picture), Mike Lin, Sean Semmler, Anthony Malone, Derek Wallace, and Matt Gorman.

Walkers’ team was led by Associate Yannick Whorms with support from Partners Daniel Wood and Tom Cochrane.
Involved fees earner: Tom Cochrane – Walkers Global; Yannick Whorms – Walkers Global; Daniel Wood – Walkers Global; Matt Gorman – Wilson Sonsini Goodrich & Rosati; Mark Holloway – Wilson Sonsini Goodrich & Rosati; Mike Lin – Wilson Sonsini Goodrich & Rosati; Anthony Malone – Wilson Sonsini Goodrich & Rosati; Sean Semmler – Wilson Sonsini Goodrich & Rosati; Derek Wallace – Wilson Sonsini Goodrich & Rosati;

Law Firms: Walkers Global; Wilson Sonsini Goodrich & Rosati;

Clients: Kitopi;

Martina Bellini

Author: Martina Bellini