Karma Kitchen

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Karma Kitchen - overview

Established

2018

Location

London, -, UK

Primary Industry

Commercial Property

About

Karma Kitchen, based in the UK, provides innovative solutions for the food industry by offering flexible kitchen spaces, facilitating food production and delivery for diverse businesses ranging from startups to national chains. Founded in 2018 and headquartered in London, UK, Karma Kitchen specializes in offering private kitchen spaces equipped for food production. The company was co-founded by Aline Roser, Francesca Newton, and Gini Newton. As of June 1, 2022, Karma Kitchen raised USD 120 mn in its most recent funding round, bringing its total amount raised to USD 120 mn.


The company has completed three deals to date. Karma Kitchen offers a comprehensive solution for food production and delivery through its ready-to-go private kitchen spaces, mainly targeting food businesses, caterers, and startups. The kitchens, ranging from 170 sq ft to 10,000 sq ft, are located in strategic areas across London, including Acton, Bermondsey, Crystal Palace, and Hackney. These spaces address the challenges of limited kitchen capacity and high setup costs, enabling small businesses and national chains to scale operations with minimal investment.


Emphasizing sustainability, Karma Kitchen utilizes renewable energy and practices aimed at reducing embodied carbon for an environmentally conscious clientele. Karma Kitchen generates revenue through a leasing model, providing flexible kitchen spaces to food businesses with a transparent pricing structure. This model allows clients to access kitchen facilities without long-term commitments or high capital costs. Catering to various business sizes, from independent caterers to larger chains, Karma Kitchen's pricing plans accommodate diverse operational needs.


Additionally, 5% of the kitchen space is reserved as affordable options to support startups and small businesses, reinforcing the company’s commitment to fostering growth in the food industry. Karma Kitchen plans to leverage its recent funding of USD 120 mn, raised on June 1, 2022, to enhance its service offerings and expand its market presence. The company is focused on developing new products tailored for food businesses and aims to increase its footprint by establishing new kitchen locations across additional regions in the UK by 2024. This expansion strategy is designed to meet the growing demand for flexible kitchen services in the rapidly evolving food industry.


Current Investors

Primary Industry

Commercial Property

Sub Industries

Commercial Property, Real Estate Development & Operating Companies

Website

www.karmakitchen.co

Company Stage

Series A

Total Amount Raised

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