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Chef'd Meal-Kit Maker Suspending Business - WSJ

July 18,2018 08:11

Chef'd, a national meal-kit operator serving major food brands and prominent chefs, has suspended operations after burning through investments and failing to ...


Chef’d, a national meal-kit operator serving major food brands and prominent chefs, has suspended operations after burning through investments and failing to secure more cash.
The development is a troubling sign for the meal-kit sector as venture capital-backed startups seek to become profitable in an increasingly competitive food segment, and startups seek to scale up into national operations that can provide customers with ever more choices.
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