Kune foods, a Kenyan food-tech startup, has announced the official commencement of operations. The startup has announced 4 meal hubs in strategic locations in Nairobi with plans to expand to other towns in Kenya in the next 12 months.
The company expects assured expansion because of increased demand for home-made healthy meals on order.
The startup says is currently in the second phase of fundraising, targeting to raise KES 400 million from local and international investors. Kune says the funds will be used to increase their production capacity. It is looking to build a countrywide footprint by 2024.
According to Kune, the 4 locations will be fully operational by the end of March 2022. They include:
- One on Nairobi City CBD along University way
- Another on Sameer business park on Mombasa road
- And two more along Thika road and Lang’ata road.
Kune says that investing in its own production and its own mobile app has also enabled them scale down on infrastructure costs with the benefits passed on to the consumer through affordable pricing of meals.
“Currently, Kune is delivering over 400 meals a day with a projection to be serving over 1,000 meals a day by the end of this quarter. Our factory production and delivery infrastructure are fully in place for us to scale our operations with our unique offering,” notes Faith Mwendia, the Managing Director Kune.
Kune’s MD added that $1 million pre-seed funding raised last year has enabled the company to develop its factory capacity, boost research capabilities and strengthen the delivery system. The company says it currently has the capacity to produce and deliver up to 8,000 meals per day.
“In the past few months, we have seen tremendous growth in demand owing to our dynamic menu and friendly prices. We have invested heavily in research and development where we have a fully dedicated in-house team working consistently on our menu advancement so as to meet the changing demands of customers while also bridging the nutrition and price gap. Our prices range between KES 250 to KES 360 for a balanced meal including a fruit salad,” Ms Mwendia added.
The startup says it sources for food from local suppliers and employs production efficiencies that allow it to – at the moment – serve three balanced-diet meals (2 non-veg, 1 veg) a day while also utilising the fruits and vegetables when in season.