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CloudKitchens

CloudKitchens has raised $1.25 billion through major rounds that include a $400M Series D (Nov 8, 2019) led by the Public Investment Fund and a $850M Series E (Nov 2021) backed by Microsoft, plus an additional conventional-debt facility entered in November 2021. Founded in 2016, the business builds managed, delivery-first kitchen spaces and an operator platform for restaurants and brands. These financings funded rapid real-estate rollouts, software and marketplace development, and strategic partnerships to accelerate delivery density and lower per-order unit economics for restaurant operators.