Mohamad Ballout
He runs kitchens as outsourced infrastructure, cooking and delivering for restaurant brands that want to expand without building their own sites.
2021 · Raised $415M Series C led by SoftBank Vision Fund 2, reaching unicorn status
2021 · Extended the Series C by $300M, lifting the round to $715M total and a $1.55B valuation
2026 · Raised $50M growth round led by EvolutionX after reaching profitability, with 200+ locations across five GCC markets
The record
Sources
Provenance
This record has been revised 3 times. Every version is fingerprinted and timestamped to the Bitcoin blockchain, so what it said, and when it said it, can be proved by anyone without trusting this publication.
Entered the record from public filings and credible reporting. sha256 4a62…8bc9
The current version’s fingerprint is timestamped to the Bitcoin blockchain across 4 versions. Provable, permanent, independent of this site.
Last revised July 17, 2026 · Raised, Moves · Full history →
Shared cap table
Founders on this record who share a backer with this company. Capital that backs one founder here tends to back another.
Follow the record
When the record moves, you know first.
New cards enter daily; one defining story is chronicled each Tuesday.