EvolutionX Leads $50M Growth Capital Raise for Kitopi, Driving Food Tech Expansion

EvolutionX makes its first investment in GCC, leading $50M growth capital raised by F&B tech leader Kitopi to fuel expansion across the Middle East’s food tech and cloud kitchen ecosystem.

EvolutionX Launches GCC Strategy With Growth Funding

EvolutionX — a growth‑stage private credit platform backed by prominent institutional investors — has made its first investment in the Gulf Cooperation Council (GCC) region by leading a $50 million growth capital raise for Kitopi, a leading next‑generation F&B technology company.

This marks a strategic milestone for EvolutionX and a significant vote of confidence in the GCC’s rapidly evolving startup and innovation ecosystem. The investment will accelerate Kitopi’s operational expansion across UAE, Saudi Arabia, Qatar, Bahrain and Kuwait — positioning the brand to scale its portfolio of food‑service offerings across high‑growth markets.

Why Kitopi’s Growth Round Matters

Kitopi has become one of the Middle East’s most dynamic food technology platforms, integrating technology with large‑scale kitchen operations to deliver both dine‑in and delivery‑centric experiences. With more than 200 locations across five markets, the company’s model blends real‑world hospitality execution with advanced automation tools — giving it a competitive edge.

The new capital will support regional expansion plans and franchise development, as Kitopi seeks to attract new partners and broaden its footprint beyond traditional borders. This is particularly noteworthy given the rapid growth of digital food delivery and cloud kitchen services globally, with the Middle East emerging as a vibrant frontier for tech‑enabled food solutions.

What This Means for the GCC Innovation Scene

EvolutionX’s move into the GCC reflects a broader shift in global investment trends. Institutional and private capital is increasingly flowing into emerging markets, with the Middle East gaining attention for its youthful population, tech‑savvy consumers and supportive government policies aimed at fostering innovation.

By backing Kitopi, EvolutionX is targeting a company that combines local market insights with scalable technology infrastructure — a model attractive to growth investors seeking high‑potential returns outside saturated Western markets.

Strategic Benefits for EvolutionX

This first GCC investment for EvolutionX positions the platform as a key cross‑border investor capable of deploying flexible capital solutions in new geographies. The firm’s approach – blending structured growth capital with operational support – aligns with global trends that favor strategic growth funding over traditional venture models.

By catalyzing Kitopi’s next phase, EvolutionX is not only supporting competitive market expansion but also setting a blueprint for future investments across Middle Eastern and emerging markets.

Looking Ahead: Growth, Technology and Beyond

Kitopi’s success signifies more than just kitchen scale — it underscores the potential for technology to revolutionize traditional sectors like food and hospitality. As platforms like Kitopi expand globally, hybrid models blending tech, data and consumer experience are becoming increasingly attractive to growth and private equity investors.

For the GCC region, this deal represents a broader narrative: local champions can attract major external capital and scale rapidly, challenging entrenched global players and showcasing the commercial viability of innovation outside traditional hubs like Silicon Valley and Europe.

In summary, EvolutionX’s leadership in this growth round underscores the rising strategic importance of Middle East tech ecosystems and highlights the transformative role of growth capital in the next wave of global innovation.