How rental kitchen startup, Karma Kitchen raised £252m when it set out to raise £3m?

It’s one of several startups helping food businesses experiment with new revenue streams to stay afloat.

Karma Kitchen, the London-based kitchen space startup, has raised £252m in a Series A funding round to open dozens of new sites across Europe.

“People think it’s a typo,” laughs Eccie Newton, cofounder of Karma Kitchen, who currently operates one kitchen site, has a five-person team and had initially set out to raise £3m.

“It’s not a typo.” 

To know more about Karma Kitchen and the business area, click here and read Amy Levin article in Sifted.

Photo Jason Briscoe for Unsplash