Paket Mutfak raises $1.5 million, bringing the ghost kitchen startup's total funding to $5.8 million.
Istanbul, Türkiye - June 14, 2023
Turkey's leading ghost kitchen startup Paket Mutfak raised an additional $1.5 million in its pre-series A round. Nokta Investment Holding led the funding round with contributions from notable figures such as Ünlü Portföy Yönetimi Ar-Ge GSYF, Commencis Co-Founder Fırat İşbecer, STFA Group Board Member Sezai Taşkent and Ünlü & Co Board Member İbrahim Romano. The majority of Paket Mutfak's existing investors also participated in this round, while shareholders such as 500 Emerging Europe General Partner Enis Hulli, TikTak Founder Ersan Öztürk and Kıraç Gayrimenkul Group increased their shares, highlighting their confidence in the startup's potential.
The startup has already made its mark on the future of Turkey's on-demand food delivery industry with its network expanding over 8 locations and 6 brands. By the close of 2024 the company plans to add 20 more locations, as well as 4 new brands to its brand portfolio. Currently, Paket Mutfak processes over 1,600 orders daily from ordering platforms including Yemeksepeti, Trendyol Yemek and Getir Yemek.
Tali Şalhon, Co-Founder & CEO of Paket Mutfak stated: "Our ability to unite technology, operations and production teams is the driving force behind our success.”
Eytan Nahmiyas, Co-Founder & CPO of Paket Mutfak, highlighted their technological edge: "The efficiency of a system is not an individual building block, but a collective reflection of its inner workings. Our operation encompasses multiple stages, making it essential for us to prioritise the simplification and optimization of our processes through automation and ERP systems."
Looking ahead, the company is committed to expanding its presence in Istanbul by enhancing existing revenue streams and introducing new ones such as dine-in and franchising models.