SoftBank led a $415m Series C funding round in Kitopi.

SoftBank led a $415m Series C funding round in Kitopi, a cloud kitchen startup that provides delivery-only services for restaurants. The round had participation from investors Chimera, DisruptAD, B. Riley, Dogus Group, Next Play Capital, and Nordstar. "These past 3 and a half years have taught us the importance of pursuing our vision with grit, focus, and building a high-performance culture. We are humbled to work with world-class partners such as Softbank, Chimera, DisruptAD, and others. What this shows is not only a great commitment to our company but to the industry and the region. Our focus now is to expand our presence within the Middle East and to Southeast Asia while continuing to innovate and pioneer in the cloud kitchen space. We are excited to take what we do to other parts of the world," Mohamad Ballout, Kitopi Co-Founder and CEO.