Venture Capital News: C3 Announces $10M Strategic Investment
2021-10-14
MIAMI, FL, C3 announces a $10 million strategic investment from Lurra Capital AG.
C3 (Creating Culinary Communities), the fastest-growing global food tech platform founded by Sam Nazarian, announces a $10 million strategic investment from Lurra Capital AG.
C3 (Creating Culinary Communities) is re-imagining the food service industry at a time when change is needed most. Founded and led by visionary Sam Nazarian with minority investors Simon, a global leader in the ownership of premier shopping, dining, entertainment and mixed-use destinations, and Accor, the world-leading augmented hospitality group,¯C3 is simultaneously, systematically and broadly bringing together technology, underutilized retail, hotel and kitchen spaces and world-class culinary talent. C3's array of culinary brands coexist to disrupt the food & beverage industry by capitalizing on rapidly evolving customer preferences through C3¯established shared kitchens, mobile delivery with the next-gen Citizens Go app (set to launch in 2021), and Citizens food halls. Current C3 brands include Umami Burger, Krispy Rice, Sam's Crispy Chicken, EllaMia, In a Bun, The Other Side and Dani Garcia's El Pollo Verde, with many other brands in the pipeline. The first Citizens food hall will open in New York City at Manhattan West in 2021. As of February 2021,¯C3¯operates¯250 digital kitchens¯across the U.S.
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