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

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
COFE Tech secures strategic investment to advance AI business solutions
News
Calendar Icon
October 13, 2026
COFE Tech secures strategic investment to advance AI business solutions
Read More
JustAd secures $5mn to expand teams, enter new markets
News
Calendar Icon
October 13, 2026
JustAd secures $5mn to expand teams, enter new markets
Read More
Funding Souq secures strategic investment to expand SME financing
News
Calendar Icon
October 13, 2026
Funding Souq secures strategic investment to expand SME financing
Read More
Autobia raises SAR 45 mn Series A funding to strengthen operational capabilities
News
Calendar Icon
October 11, 2026
Autobia raises SAR 45 mn Series A funding to strengthen operational capabilities
Read More