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

MINT by EGBANK startups attract $4mn in investments in 2025
News
Calendar Icon
October 22, 2026
MINT by EGBANK startups attract $4mn in investments in 2025
Read More
INVE secures $300K in pre-seed funding from Outliers Venture Capital
News
Calendar Icon
October 22, 2026
INVE secures $300K in pre-seed funding from Outliers Venture Capital
Read More
Vitalls secures $1.5 mn investment from EST Growmore
News
Calendar Icon
October 21, 2026
Vitalls secures $1.5 mn investment from EST Growmore
Read More
CapQuest raises $1mn in pre-seed funding led by Oraseya Capital
News
Calendar Icon
October 21, 2026
CapQuest raises $1mn in pre-seed funding led by Oraseya Capital
Read More
theQA secures $550K to expand AI-powered consumer research
News
Calendar Icon
October 20, 2026
theQA secures $550K to expand AI-powered consumer research
Read More
Tactful AI secures investment from Hatem Dowidar in pre-Series A extension round
News
Calendar Icon
October 20, 2026
Tactful AI secures investment from Hatem Dowidar in pre-Series A extension round
Read More
Nabta Health secures PVP’s backing in $3m Pre-Series A round
News
Calendar Icon
October 20, 2026
Nabta Health secures PVP’s backing in $3m Pre-Series A round
Read More
Saudi fintech Vrtx raises $3.6m in pre-seed funding
News
Calendar Icon
October 19, 2026
Saudi fintech Vrtx raises $3.6m in pre-seed funding
Read More
Popcorn AI Studio secures $1mn to expand AI filmmaking platform
News
Calendar Icon
October 19, 2026
Popcorn AI Studio secures $1mn to expand AI filmmaking platform
Read More
Dubai-based AI startup Ayan raises DH 2.2 mn to expand beyond MENA
News
Calendar Icon
October 19, 2026
Dubai-based AI startup Ayan raises DH 2.2 mn to expand beyond MENA
Read More