Lumia Capital

Lumia Capital is a San Francisco-based venture capital firm founded in 2011 that focuses on investing in later-stage internet and software companies poised for significant growth. The firm targets firms in sectors such as software as a service (SaaS), mobile technologies, cloud computing, infrastructure, and financial technology. Lumia employs a hands-on strategy, collaborating closely with management teams to leverage insights from Silicon Valley and global networks to navigate expansion challenges. It typically invests between $3 million and $30 million in companies with over $10 million in annualized net sales, while also exploring select early-stage opportunities. The firm has a diverse investment focus, targeting businesses in emerging markets including Latin America, Central and Eastern Europe, the Middle East and North Africa, Turkey, and Southeast Asia, as well as companies in the United States with significant connections to these regions.

Peter Weed

Partner & Head Of Lumia Global Success

Past deals in Riyadh

Kitopi

Series B in 2019
Kitopi Catering Services LLC operates as a managed cloud kitchen platform that partners with restaurants to expand their delivery reach. The company enables restaurants to open delivery-only locations by providing the infrastructure and software. The company’s in-house suite of applications optimizes all aspects of kitchen operations in real-time to operate ghost kitchens in Dubai, Abu Dhabi, London, Kuwait, Riyadh, and New York. The company was founded in 2018 and is based in New York, New York.