kitchenx

kitchenx

Multi-brand ghost kitchen and food IP platform.

HQ location
South Korea
Enterprise value
$10—15m
Company register number
4558601464
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DateInvestorsAmountRound
-investor

€0.0

round
N/A

€0.0

round
investor

€0.0

round
*

KRW3.0b

Series A
Total Funding000k
Notes (0)
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KitchenX is a food IP platform operator based in Bucheon, South Korea. Founded in 2019 by CEO Seung-hwan Lee, the company identifies and develops local restaurant brands for operation within its multi-brand, delivery-focused shared kitchens, often referred to as ghost or dark kitchens. The company's business model involves discovering popular local eateries and managing them as direct operational brands within its shared kitchen infrastructure.

KitchenX functions as a multi-brand restaurant enterprise, providing a variety of food options to consumers through delivery services. It aims to innovate the culinary industry by incorporating automation in its kitchens. The company has positioned itself as a significant player in the Korean market, which has seen substantial growth in the food delivery and ghost kitchen sector. As of early 2022, KitchenX operated 6 locations with 26 distinct food brands.

The company has successfully secured funding to support its growth. It raised a Seed Round in December 2020 and has received a total of 5 billion KRW in funding, with its most recent stage being a Series A round. Institutional investor Schmidt is among its backers.

Keywords: ghost kitchen, dark kitchen, cloud kitchen, food IP platform, multi-brand restaurant, food delivery, shared kitchen, virtual restaurant, restaurant technology, food tech, Korean startup, Seung-hwan Lee, Bucheon, delivery-only restaurant

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