The Flavor Factory raising $1.5 Million Seed Round to democratize ghost kitchens
19th March.21, London , United Kingdom
London based food-tech startup,The Flavor Factory is raising $1.5 seed capital to take on trillion dollar food service industry by democratizing ghost kitchens to empower millions of Restaurant, Pub, Cafe and Hotel Owners worldwide.
The Flavor factory is headquartered in London and registered in Delaware, USA and Bangalore, India
At the moment, all major players are focusing on creating new infrastructure for ghost kitchens and billions of funding gone in to infrastructure and logistics to create new kitchen inventory. But existing kitchens in Restaurant, Pubs, Cafes and hotels are mostly underutilized and/or inefficient and ignored by all.
Covid-19 Pandemic has accelerated the growing online Food Delivery Market. It is expected to reach $1 Trillion globally by 2035 with a CAGR of 15-20%.
The ghost Kitchen industry grew faster than ever and projected to reach $1 Trillion by 2030 as per Euro-monitor International Webinar.
According to Founder & CEO of The Flavor Factory,"We firmly believe that underutilized kitchens is massive global opportunity that will disrupt the $12 trillion global food-service market if addressed.We are on mission to empower millions Restaurants, Pubs, Bars, Cafes, and hotels by making their kitchen assets productive and profitable"
VR-A-A-S ( Virtual Restaurant as a Service_
The Flavor Factory team has developed delivery optimized 100+ Virtual brands which can be deployed in any restaurant,cafe or pub kitchen without hassle of going through product development. The Flavor factory is offering virtual restaurant as a service making sure easy adoption by restaurants to multi-brand multichannel ghost kitchen model
The Flavor Factory offers ''Technology-enabled Plug N Play full-stack Ghost Kitchen Enabler System to make underutilized kitchens productive and profitable"
We are on a mission to empower millions of Restaurants, Pubs, Bars, Cafes, and hotels with easy to adopt, asset-light, highly scalable full-stack system that can transform underutilized loss-making kitchens into productive and profitable kitchen assets.
The flavor factory is on mission to make restaurants smart and future ready with cutting edge technology and Menu engineering. We want to make restaurant operations and order sourcing automated and intelligent with AI, Machine Learning and IOT.
According to The Flavor Factory, time has come to solve problems of other side of food supply chain after billions invested in Logistics and Infrastructure players.
The Flavor Factory is on mission to empower traditional operators in this space to be equipped with all technology and tools to take online food delivery revolution which is happening.
The Flavor factory has got SEIS advance approval from HMRC, UK and UK investors can get tax benefits from UK government.
The Flavor Factory is with initial talks with few early stage VCs and Angel investors and aim to close this round in couple of months to build a team to acquire 200 kitchen sites in next 6 months from current 10 kitchen sites it working as a pilot.
You can reach out to its founder and CEO , Rahul Ithape, firstname.lastname@example.org