London based food tech startup inspired by Uber and Netflix raises £3m in seeding round

Growth Kitchen, the London-based food tech startup building smart satellite kitchen networks, has announced £3m in seed funding from a group of strategic investors led by PactVC.

The round featured TwinklHive CEO, Jonathan Seaton and Robert Laurence, CEO of Resolution Property. Both Ronny Shibley and Jonathan Seaton were additionally appointed to the board of directors.

This investment is helping Growth Kitchen continue to crack the delivery kitchen model, where restaurants can scale in a manner much like a SaaS company, while remaining the exclusive owner of their business.

By leveraging technology and data science, restaurant brands are able to grow from a few kitchens to hundreds of strategic and sustainable, high-volume locations across Europe.

Máté Kun, co-founder of Growth Kitchen, said: “In a world where we take Ubers and watch Netflix, we’ve accepted cooking as the norm for too long. Building on the success of food delivery apps, we are introducing a step change in how we eat.

“With technology and data at their fingertips, our restaurant partners are becoming fully delivery optimised, providing a consistent, affordable experience to their customers, in a sustainable way and in an environment where employees actually want to come to work.”

Growth Kitchen has already partnered with some of the most visionary restaurant brands in London who understand that delivery must be at the core of their strategy to win in the long term, including Tortilla, Tai Kitchen and The Athenian, across two hubs that support 20+ restaurants.

The company is on track to open 40 new hubs within the next two years across the UK and key European markets, making it the default growth partner for high-delivery-volume restaurants across Europe.

Ronny Shibley, co-founder of Gorillas and Growth Kitchen investor, added: “What Growth Kitchen brings to the table is the natural evolution of food. Where Gorillas can deliver groceries to your door in 10-minutes, the logical next step would be to go into restaurant food.

“Within 5-minutes of visiting one of Growth Kitchen’s hubs, I knew I had finally found the team that had cracked the delivery kitchen model. They have the tech to find and operate across strategic locations, a steady flow of drivers coming in and out, while attracting top food brands who don’t churn and want to keep scaling with them.”

Looking to promote your product/service to SME businesses in your region? Find out how Bdaily can help →