Tuesday, July 26, 2022

Kitchen United Raises $100M In Series C

Pasadena-based Kitchen United, which develops technology and operates "ghost restaurants" which exists only on food ordering apps, has raised $100M in a Series C fundraising. The funding came from Alimentation Couche-Tard / Circle K, The Kroger Co., Restaurant Brands International, B. Riley Venture Capital, Simon, Phillips Edison & Co, and The HAVI Group, plus GV, various funds managed by Fidelity Investments Canada ULC, RXR, DivcoWest, Cali Group, GoldenArc Capital, General Global Capital, and Rich Product Corporation, aong with the NFL's Peyton Manning. The company says it has now raised $175M in total. Kitchen United says it now operates more than 200 kitchens across 20 regions. The kitchens prepare food for a wide range of brands and "restaurants" which are delivered by food ordering apps, including restaurants that don't have any actual physical locations.

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