Cloud kitchen startup cooks up $317M Series A

Karma Kitchen has raised £252 million (about $317 million) from investors including real estate investment firm Vengrove Asset Management, according to Business Insider. The London-based startup, which offers shared and private commercial kitchen spaces to rent, is also backed by early-stage venture firm Omakase Investment Club. Karma Kitchen reportedly plans to open more than 50 new sites within the next five years.

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