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Kitchup targets £100,000 of investment to develop kitchen space marketplace

17th Oct 2017 - 10:43
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London-based startup, Kitchup, has launched a crowdfunding campaign to help fund the development and expansion of its online marketplace for kitchen space.

Kitchup was founded two years ago by twin entrepreneurs, Emma and Charlie Jones, who are targeting £100,000 of investment for 10% of the business via a Seedrs crowdfunding page.

The brother and sister duo say their online marketplace helps food businesses match with “underused” commercial kitchens by giving clear direction on how to find and book “affordable and flexible space”.

Referring to the company's mission as “driving an Airbnb-style revolution in London kitchen space,” the Jones’s say their aim is to “build a sustainable global network of kitchen spaces and a new kitchen economy."

Emma Jones said: “Through leveraging underused kitchens, we’ve seen first-hand how bringing people together to share space has helped build careers in food and provided businesses with the opportunity to grow.

“For our kitchen hosts, they get access to extra revenue from space they otherwise wouldn’t be using.

“The food industry is changing rapidly, and Kitchup is helping businesses remain agile – they can expand to new locations and test new markets or concepts while keeping costs low by only using space when they need it.”

Jones adds that a number of food businesses have already used the company’s market, including street-food traders transitioning into their first restaurant and chefs hosting cookery classes.

Kitchup has so far raised £63,405 worth of investment, 63% of its overall target.

Written by
Anonymous (not verified)