Kbox picks up £12M additional funding to let underused commercial kitchens do takeout for delivery

Kbox Global, the U.K. startup that turns underused commercial kitchen space into takeout delivery hubs -- therefore helping existing kitchens generate much-needed revenue -- has raised £12 million in new funding. The round is led by Balderton Capital, and follows a £5 million investment from early Deliveroo backer Hoxton Ventures disclosed in July. Aiming to build and expand on the so-called "dark kitchen" model, whereby new delivery-first restaurants and brands are created to run on top of the likes of Deliveroo and Uber Eats, Kbox's "host kitchen" tech and unique business model utilises capacity in existing commercial kitchens, such as those found in pubs, hotels, restaurants and even supermarkets.

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