Funding round
Kitopi Growth
Reported as "Growth Equity"
Kitopi, which works in food and beverage retail in United Arab Emirates, raised $50M in a Growth round announced on 9 Feb 2026, led by EvolutionX Debt Capital. 1 firm took part. It is Kitopi's fourth venture round on record; the one before was a Series C in Jul 2021.
$50M
Amount raised
Not disclosed
Post-money valuation
1
Investors
1 lead
Valuation
What this round says about the price
Kitopi did not disclose a valuation in this round. It came 55 months after Kitopi's Series C. It is 9.1% of the $552M Kitopi has raised in the venture rounds on record. No later venture round is on record for Kitopi.
Kitopi's funding rounds
Kitopi has 4 venture rounds on record. This one is highlighted.
Investors
Who put money in
EvolutionX Debt Capital led the round.
Lead investor
- backs 3 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to geographic expansion, sales and marketing, scaling operations and working capital.
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
The closest in time: 2 in Restaurants, then Growth rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Restaurants | 1 Jan 2026 | undisclosed | not disclosed | not named |
| Restaurants | 10 Sep 2026 | $325M | not disclosed | Trimontium |
| Stripe Payment Processing & Point of Sale | 25 Feb 2026 | $159.00B | not disclosed | not named |
| Covenant Capital Group Real Estate Investment | 9 Feb 2026 | $860M | not disclosed | not named |
| Serra Verde Group Mining & Gas Exploration | 5 Feb 2026 | $565M | not disclosed | not named |
| Giant Panda Hosting & Cloud Infrastructure Providers | 11 Feb 2026 | $550M | not disclosed | TD and Mizuho |
| inKind Payment Processing & Point of Sale | 18 Feb 2026 | $450M | not disclosed | Magnetar Capital |
| Axiom Space Aerospace and Defence | 12 Feb 2026 | $350M | not disclosed | Type One Ventures and Qatar Investment Authority |
Sources
Where this comes from
Reported by 5 sources.
Questions
Frequently asked
How much did Kitopi raise in its Growth round?
Kitopi raised $50M in its Growth round, announced in Feb 2026.
Who led Kitopi's Growth round?
EvolutionX Debt Capital led it.
What was Kitopi's valuation at the Growth round?
It was not disclosed.