Dubai’s Nuwa Capital has announced its $1.25 million investment in Foodtech company Bundle Kitchen, the leading multi-brand virtual food brand builder and operator in Turkey and Nuwa Capital’s fourth investment in Turkey from its early-stage fund.
The $1.25 million investment was lead by Nuwa Capital, with participation from Turkish VC fund Kybele Investment. The capital will be used to build the tech architecture and support expansion efforts across the region.
“We are a big country with a big food culture,” commented Kaan Kalipci, Nuwa Capital’s venture partner in Turkey. “Being at the intersection of East and West, our businesses have the opportunity to truly expand regionally and globally. Foodtech is just one of the spaces we are excited about, and we look forward to continue backing founders that align with our thinking.”
Founded in 2020 and headquartered in Istanbul, Bundle Kitchen currently operates from four kitchens, including one hybrid…