Rise Capital

Rise Capital, established in 2013 and headquartered in San Francisco, is an investment firm specializing in expansion-stage investments in internet businesses across emerging markets. The company backs industry-leading businesses led by experienced entrepreneurs, focusing on large addressable market opportunities. Leveraging its team's operational and investment experience in emerging markets, Rise Capital provides strategic guidance to help these businesses scale.

Nwobi, Chika

Venture Partner

Nazar Yasin

Founder, Managing Partner

Past deals in Kuwait

Kitopi

Series B in 2019
Kitopi is a Kitchen as a Service (KaaS) platform that provides restaurants with the essential infrastructure and software needed to establish delivery-only locations efficiently and cost-effectively. Founded in 2018 by Mohamad Ballout, Saman Darkan, Bader Ataya, and Andy Arenas, the company operates a network of over 60 cloud kitchens across the United Arab Emirates, Saudi Arabia, Kuwait, and Bahrain. Kitopi's offerings include kitchen infrastructure, management services, call assistance, delivery management, trained staff, and industry-specific technology, allowing restaurateurs to focus on their culinary creations while minimizing capital expenditure and time. Although Kitopi expanded into the United States in 2019, it exited the market following the onset of the pandemic.
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