UK start up Karma Kitchen managed to a raise over 300 million euros in just one round of funding in July 2020. The company, which was only founded in 2018, provides kitchen spaces for restaurants and other food businesses, which is becoming of increasing important to the so called 'ghost kitchen' market. Other key European companies include Frichti and Keatz.
Ghost kitchens, also known as cloud kitchens, dark kitchens, and virtual kitchens, are an emerging segment of the online food delivery market. They act as a centralized production facility which can be rented by food businesses to prepare meals for delivery. The concept means restaurants can provide a delivery-only service, eliminating the costs of opening their business to walk-in customers.
Funding of selected ghost kitchen start ups from Europe as of July 2020
(in million euros)
The data was compiled by Statista based on funding information published by Crunchbase and Dealroom. Included are key companies operating in the delivery-only food on-demand and/or cloud kitchen market with available data.
Latest funding dates (and number of funding rounds) for each company are as follows:
Dark Kitchen: February 2019 (1)
Epic Foods: December 2017 (3)
Fichti: March 2019 (4)
Foodcheri: September 2016 (2)
Instamaki: December 2019 (2)
Karma Kitchen: July 2020 (1)
Keatz: March 2019 (6)
Taster: June 2019 (4)
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Statista. (July 29, 2020). Funding of selected ghost kitchen start ups from Europe as of July 2020 (in million euros) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1139060/european-dark-kitchen-start-ups-funding-amounts/
Statista. "Funding of selected ghost kitchen start ups from Europe as of July 2020 (in million euros)." Chart. July 29, 2020. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1139060/european-dark-kitchen-start-ups-funding-amounts/
Statista. (2020). Funding of selected ghost kitchen start ups from Europe as of July 2020 (in million euros). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1139060/european-dark-kitchen-start-ups-funding-amounts/
Statista. "Funding of Selected Ghost Kitchen Start Ups from Europe as of July 2020 (in Million Euros)." Statista, Statista Inc., 29 Jul 2020, https://www.statista.com/statistics/1139060/european-dark-kitchen-start-ups-funding-amounts/
Statista, Funding of selected ghost kitchen start ups from Europe as of July 2020 (in million euros) Statista, https://www.statista.com/statistics/1139060/european-dark-kitchen-start-ups-funding-amounts/ (last visited November 21, 2024)
Funding of selected ghost kitchen start ups from Europe as of July 2020 (in million euros) [Graph], Statista, July 29, 2020. [Online]. Available: https://www.statista.com/statistics/1139060/european-dark-kitchen-start-ups-funding-amounts/