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§ Private Profile · Nairobi, Nairobi Area, Kenya
Kenyan foodtech startup producing and delivering affordable, ready-to-eat meals for individuals and corporate clients, focused on convenient lunches.
KUNE was a Nairobi, Kenya-based foodtech startup that produced and delivered affordable, freshly made ready-to-eat meals, priced around $3-$4. Targeting convenient lunches, the company served over 6,000 individuals and 100 corporate clients from 7 distribution hubs, employing 90 individuals with capacity for 8,000 meals daily. KUNE raised $1 million in pre-seed funding in June 2021 with investors such as Launch Africa Ventures, Century Oak Capital GmbH, Consonance, and Pariti. Despite selling over 55,000 meals, the company ceased operations in 2022 after failing to secure additional funding amidst rising food costs. KUNE was founded in December 2020 by Robin Reecht. Its business model centers on sold meals directly to customers via on-demand delivery at low prices , initially bootstrapped with $50,000 from early customers before raising pre-seed funding.
KUNE has raised $1.0M across 1 funding round.
KUNE has raised $1.0M in total across 1 funding round.
KUNE has raised $1.0M across 1 funding round. Most recently, it raised $1.0M Pre-Seed in June 2021.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jun 16, 2021 | $1M Pre Seed | Baljinder Sharma | Century OAK Capital, Consonance Investment Managers, Pariti | Announced |
KUNE has raised $1.0M in total across 1 funding round.
KUNE's investors include Baljinder Sharma, Century Oak Capital, Consonance Investment Managers, Pariti.