Filipinos spend almost 30 per cent of their income on food alone. This gives any food-related business massive potential for growth. It’s quite appropriate that the Philippines impending tech revolution could be kickstarted by its food industry.
The food and beverage (F&B) business used to be a daunting one, particularly for those new to it. A budding restaurant wouldn’t just need a great chef, but lots of capital, some business acumen, and a great location as well.
As far as cloud kitchens go, Kraver’s Canteen is one of leading in the country. Founded by food industry veteran, Eric Thomas Dee, e-commerce authority, Victor Lim, and finance specialist, Victor Mapua, Kraver’s currently has 11 kitchens that cater to online customers across Metro Manila.
Besides simply offering a kitchen, Kraver’s is hoping to go beyond and serve as a partner for growth and making it easy to scale up a food business.
In the 2022 Series A, in addition to welcoming a heavy-weight regional investor in Quest Ventures, Kraver’s strengthened its Philippines stronghold by securing local partners Oak Drive Ventures, Martin Cu, Francis Wee, Anthony Oundjian and Rohit Gulati.