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# Dubai's cloud kitchen Kitopi raises $300 million in Series C round extension
- URL: https://www.techloy.com/dubai-based-cloud-kitchen-kitopi-raises-300-million/
- Published: 2022-05-12T19:28:38.000Z
- Updated: 2022-12-08T00:34:08.000Z
- Author: Oluwajuwonlo Afolabi
- Tags: Tech in UAE

[Kitopi,](https://www.kitopi.com/) a UAE-based cloud kitchen has raised $300 million in its Series C round extension bringing it to $715 million raised in the round. 

- The latest funding round brings Kitopi to $1.55 billion in valuation after it became a unicorn.
- The cloud kitchen operator will use the funds to invest in more dine-in restaurants and better serve its customers.
- The round was led by SoftBank Vision Fund 2 with participation from Chimera, DisruptAD, B Riley, Dogus Group, Next Play Capital, and Nordstar.