Kitchen United, a Pasadena-based startup that wants to help restaurants open to new markets without investing in additional real estate, raised $10 million in a series A round of funding led by Alphabet’s venture capital arm GV, with participation from Los Angeles investors Harry Tsao and John Miller.
Kitchen United disclosed the funding with GV, Tsao and Miller this week.
Tsao, who runs Monrovia-based Avista Investments, cofounded Kitchen United. Tsao also is part-owner of the Los Angeles Football Club and Golden State Warriors.
Miller is chief executive of the Pasadena-based Cali Group, a developer of technologies for the restaurant and retail industries. He also is a Kitchen United cofounder.
Kitchen United bills itself a “restaurant startup,” offering a commercial kitchen space and added services for eateries that want to expand without putting money into dine-in, brick-and-mortar operations.
Kitchen United will use the funding to power its national growth strategy. The company has plans to open new facilities in Los Angeles, Atlanta, Columbus, Denver, New York City, Phoenix and Seattle by the end of 2019.
Finance reporter Pat Maio can be reached at firstname.lastname@example.org or (323) 556-8329.
For reprint and licensing requests for this article, CLICK HERE.
Stories You May Also Be Interested In
- Cooking Up Cash: Kitchen United Sees Fortunes Rise With Food Delivery Boom
- Growth To Go
- Flipping the Script
- Alpha Edison Leads $15M Round for The Riveter
- Robot Gears Up as Cook
- Hollywood Veterans Prepare to Take Diamond Eagle Public in IPO Debut
- Robo Chef: Miso Robotics Gets Out of the Lab and Into the Kitchen
- Macquarie Capital Provides $100M in Debt Financing for SoCal Ed Battery Storage