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SoftBank Leads Funding to Vault Kitopi Past $1 Billion Value

  • Vision Fund 2 leads $415 million investment in cloud kitchen
  • Cloud kitchens benefited after pandemic hit restaurant dining
Mohamad Ballout

Mohamad Ballout

Source: Kitopi

Updated on

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Dubai-based cloud kitchen startup Kitopi has raised $415 million from a group of investors including SoftBank Group Corp.’s Vision Fund 2, vaulting it to unicorn status.