Nuwa Capital announced its investment in Foodtech company Bundle Kitchen, the leading multi-brand virtual food brand builder and operator in Turkey. 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.

This is Nuwa Capital’s fourth investment in Turkey from its early-stage fund. “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.”

Ghassan Noursi, Venture Lead at Nuwa Capital, said, “Alican, Alper and the founder team are unlocking a massive opportunity as more people become accustomed to the convenience of food delivery. A key advantage that this team has is the unparalleled quality of their meals and their ability to run a solid and profitable business from inception.”

Headquartered in Istanbul, Bundle Kitchen was founded in 2020 by a team with extensive experience across the region, within food brands, real estate, and technology investments.

“Our brand and customer centric approach sets us apart from the other players in this space,” said Alper Kiresepi, co-founder of Bundle Kitchen. “With our industry-leading kitchen ramp-up periods and dedication to creating globally inspired brands, we are excited to announce our seed round and welcome Nuwa as a supporter of our vision.”

Bundle Kitchen has demonstrated its ability to bring consistency and profitability to kitchens by prioritizing economies of scale and operational efficiencies from the early stages. Currently operating from four kitchens, including one hybrid location, the company follows a strategic approach to its business model, including the utilization of central production kitchens, an asset light expansion model, and an early focus on maximizing kitchen utilization by building brands for all meal periods.