Epik Foods raises $15.5mn from Ruya Partners

user icon
GHADA.ISMAIL
calender icon
Nov 13, 2024
article image

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.”


Share

Related News

Aramco Ventures participates in $53mn seed funding for Hang Ten Systems
News
Calendar Icon
September 17, 2026
Aramco Ventures participates in $53mn seed funding for Hang Ten Systems
Read More
Rize lands SAR 187.5mn Murabaha Facility to finance rental portfolio
News
Calendar Icon
September 17, 2026
Rize lands SAR 187.5mn Murabaha Facility to finance rental portfolio
Read More
Tali Ventures invests in Bahraini investment platform Tanami Capital
News
Calendar Icon
September 17, 2026
Tali Ventures invests in Bahraini investment platform Tanami Capital
Read More
barq hits $1.85bn valuation after $329.5mn Series A Round
News
Calendar Icon
September 16, 2026
barq hits $1.85bn valuation after $329.5mn Series A Round
Read More
Saudi ConTech firm BRKZ secures $31mn to fuel next growth phase
News
Calendar Icon
September 14, 2026
Saudi ConTech firm BRKZ secures $31mn to fuel next growth phase
Read More
Synapse Analytics secures $13mn Series A led by Partech
News
Calendar Icon
September 14, 2026
Synapse Analytics secures $13mn Series A led by Partech
Read More
Tabby closes $233mn Series F round at $6.5bn valuation
News
Calendar Icon
September 14, 2026
Tabby closes $233mn Series F round at $6.5bn valuation
Read More
Tarabut raises $50mn to accelerate embedded finance in Saudi Arabia
News
Calendar Icon
September 14, 2026
Tarabut raises $50mn to accelerate embedded finance in Saudi Arabia
Read More
Clay raises $115mn Series D at $7.1bn valuation
News
Calendar Icon
September 13, 2026
Clay raises $115mn Series D at $7.1bn valuation
Read More
Egypt’s Zeal raises $10mn round to fuel global expansions
News
Calendar Icon
September 10, 2026
Egypt’s Zeal raises $10mn round to fuel global expansions
Read More