Dubai of Tomorrow

No. 020 · Mohamad Ballout

What this record used to say.

This record has been revised 3 times. These dated historical snapshots preserve exactly what was recorded at the time. Hashes establish integrity and timing, not present truth. Current admitted facts appear on the record page. The latest recorded value of each fact says whether the record shows it today.

Historical snapshot, version 4 17 Jul 2026 Anchored to Bitcoin
  • Raised: $465M total ($415M Series C 2021, $50M growth round 2026) $765M total ($715M Series C 2021-2022 incl. $300M extension, $50M growth round 2026)
    Awaits evidence
  • Moves: 3 entries 4 entries
    Added: 2021 · Extended the Series C by $300M, lifting the round to $715M total and a $1.55B valuation

sha256 ec43041c004ef66e… Full hash on the proof page

Historical snapshot, version 3 17 Jul 2026 Anchored to Bitcoin
  • Raised: $415M Series C, 2021 $465M total ($415M Series C 2021, $50M growth round 2026)

sha256 8dd9f3de4eef2a77… Full hash on the proof page

Historical snapshot, version 2 15 Jul 2026 Anchored to Bitcoin

No tracked field changed in this version.

sha256 518a7bafa38d4e38… Full hash on the proof page

Historical snapshot, version 1 10 Jul 2026 Anchored to Bitcoin

Minted

  • Founder: Mohamad Ballout
    Shown on the record
  • Company: Kitopi
    Shown on the record
  • Founded: 2018 · Dubai
    Shown on the record
  • Raised: $415M Series C, 2021
  • Backers: SoftBank Vision Fund 2, Chimera, DisruptAD, Nordstar
    2 of 4 shown on the record; the rest await evidence
  • Strap: He runs kitchens as outsourced infrastructure, cooking and delivering for restaurant brands that want to expand without building their own sites.
  • Moves: 2018 · Founded in Dubai as a managed cloud kitchen platform; 2021 · Raised $415M Series C led by SoftBank Vision Fund 2, reaching unicorn status; 2026 · Raised $50M growth round led by EvolutionX after reaching profitability, with 200+ locations across five GCC markets

sha256 4a62b50975248744… Full hash on the proof page