As Dubai’s resident ‘Kitchen Utopia,’ Kitopi is turning heads in the MENA F&B industry with its double entendre name standing for ‘Kitchen’, ‘Operation’, and ‘Innovation’.
And rightfully so; it’s attracted major investment from global venture capitalists like SoftBank Vision Fund, Lumia Capital, Rise Capital, Endeavor Catalyst, Venture Souq and Global Ventures.
Dubai’s Digital Economy and Its Expanding Startup Ecosystem
Dubai’s startup ecosystem will have raised over USD 2 billion by the end of 2022, with self-employed and digital economy roles tripling. Few MENA markets have a 20-year-old startup ecosystem birthing multiple unicorns. Dubai has been the digital startup hub for tech giants and new unicorns alike. Since 2017, Dubai has raised 96% of UAE’s funds, totaling over USD 2 billion by October 2022. LinkedIn data shows a booming digital economy job market with increasing opportunities and remote work options. Learn from top home-grown startups and global transplants why Dubai is poised to become the next digital economy capital of the world.