Dark kitchen operator Kbox is on the brink of collapse.
Kbox Global, an operator assisting restaurants in maximizing their spare food production capacity, is teetering on the edge of insolvency, highlighting the increasing financial strain on the ‘dark kitchens’ sector. Established in 2019, Kbox Global has recently sought the expertise of insolvency specialists after a crucial funding round failed. Insiders revealed that Interpath Advisory might soon be appointed as Kbox’s administrators, possibly within the week. However, the situation might change if new investors step in soon. The company faced a setback last year when Salima Vellani abruptly left, catching investors off guard. Designed to enable kitchens to leverage live data to meet local food delivery demands, Kbox has garnered significant investments since its inception. Notable backers include venture capital firms like Balderton Capital and Hoxton Ventures. Kbox has collaborated with brands such as SuperRico and MrBeast Burger. The potential downfall of Kbox underscores the financial hurdles many dark kitchen operators are currently facing.
The original news is “‘Dark kitchen’ operator Kbox on the brink of collapse.“