{
  "site": "dubai",
  "slug": "mohamad-ballout-kitopi",
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        "publication": "Dubai of Tomorrow",
        "domain": "dubaioftomorrow.com",
        "slug": "mohamad-ballout-kitopi",
        "url": "https://dubaioftomorrow.com/founder/mohamad-ballout-kitopi/",
        "cardNo": 20,
        "series": "2026",
        "title": "Mohamad Ballout (Kitopi)",
        "date": "2026-07-10",
        "category": "Logistics",
        "card": {
          "founder": "Mohamad Ballout",
          "company": "Kitopi",
          "founded": "2018 · Dubai",
          "raised": "$415M Series C, 2021",
          "backers": "SoftBank Vision Fund 2, Chimera, DisruptAD, Nordstar",
          "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"
          ],
          "extra": {
            "label": "Locations",
            "value": "200+ across 5 GCC markets"
          },
          "verified": "2026-07-10"
        },
        "contentSha256": null,
        "prevSha256": null,
        "recordedAt": "2026-07-10T14:57:42.260Z"
      },
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