logo-en
  • Home
  • Companies
  • Investors
  • Opportunities
    • Home
    • smLoan.SME_LOANS
  • finTechHub
  • News
LoginRegister
  • english iconenglish
  • english iconarabic
  1. Mubasher News
  2. Epik Foods raises $15.5mn from Ruya Partners

Epik Foods raises $15.5mn from Ruya Partners

GHADA.ISMAIL
Nov 13, 2024
Epik Foods manages 60 unique brands across 50 locations in the UAE and Saudi Arabia

Dubai – Sharikat Mubasher: Abu Dhabi-based Ruya Partners invested $15.5 million (SAR 58.1 million) in Epik Foods, a prominent UAE-based omnichannel restaurant group known for its tech-driven approach across multiple food services, including dine-in restaurants, digital brands, and meal kits.

This funding will fuel Epik Foods' expansion into Saudi Arabia and further growth within the UAE, according to a recent press release.

Formed through a merger of three UAE food companies, Epik Foods now manages 60 unique brands across 50 locations in the UAE and Saudi Arabia, with plans to add 20 more. The group’s portfolio includes popular brands like Poke & Co. and Route Beirut.

Commenting on this, Khaled Fadly, CEO and Founder of Epik Foods: “We’re excited to have Ruya Partners’ support as we expand across Saudi Arabia and the UAE. This investment strengthens our vision to grow Epik Foods and bring our brands to more communities.”

Mirza Beg, Founding Partner of Ruya Partners, added: “This is the fourth investment from our fund, reflecting our strong commitment to providing highly bespoke growth financing solutions to mid-market companies across the GCC, with a focus on high-growth markets like Saudi Arabia and the UAE.”

Omar Al Yawer, Partner at Ruya Partners, added: “Our fund’s portfolio now spans diverse sectors such as media, energy, fitness and food. We have an active investment pipeline and anticipate closing additional investments in the very near future.”

Tags

Epik Foods
Ruya Partners
fundraising
Share

Attract clients with your ad

Start Now

Trending

Egypt’s MDP secures strategic investment to accelerate expansions
MUBASHER
WaffarX, DGTERA partner to boost customer loyalty in F&B sector
MUBASHER
Ruder Finn Atteline opens integrated RHQ in Saudi Arabia
MUBASHER.SA
BLOMINVEST celebrates launching 50th real estate fund in Saudi Arabia
MUBASHER.SA
Amwal Tech, AlRajhi Bank launch new solution to transform consumer payments
MUBASHER.SA

Related News

Funding News
Calendar Icon
May 26, 2025
Monarch Money raises $75mn in Series B
Read More
Funding News
Calendar Icon
May 25, 2025
BirdEye raises $586K in pre-seed to power local expansion
Read More
Funding News
Calendar Icon
May 21, 2025
Tarjama collects $15mn in Series A round to launch Arabic.AI ecosystem
Read More
Funding News
Calendar Icon
May 20, 2025
Space analytics startup SARsatX closes $2.6mn seed round
Read More
Funding News
Calendar Icon
May 20, 2025
Kuwaiti q-commerce startup Circle raises $6mn series A funding
Read More
Funding News
Calendar Icon
May 20, 2025
ElGameya raises 7-figure round led by AYADY
Read More
Funding News
Calendar Icon
May 20, 2025
Sylndr raises $15.7mn to reshape Egypt’s used-car market
Read More

newsLetter.widgetTitle

newsLetter.description

validationMsg.emailRequired
validationMsg.validEmail

footerDesc

  • Home
  • Companies
  • Investors
  • finTechHub
  • Opportunities
  • News
  • ContactUs
  • Sitemap
copyRight