Press - SideChef
Summary
SIDECHEF SECURES $6 MILLION IN SERIES B FUNDING TO INVEST IN THE FUTURE OF SHOPPABLE RECIPESNew funding by LG Electronics will also lead way to developing smart kitchen tech that will garner the future of cooking at homeSAN JOSE, CA, MARCH 1, 2023 -- SideChef, the all-in-one cooking, grocery shopping, and meal planning app announces a $6 million Series B funding by LG Electronics. Investment from seed, Series A and the latest Series B closing total to more than $16 million from institutional investors including Ideate Ventures, AB Electrolux, Peacock Capital Group, V-ZUG AG, Ilion Capital, Empower Investment, Innolead Investment, LG Technology Ventures, and KZone LLC.In this next phase, SideChef will be building upon its end-to-end cooking platform by expanding the reach of its technology, by both allowing any recipe on the Internet to be shoppable, from social media posts to media outlets and even newsletters and text messages, and developing core smart kitchen technologies that will make devices truly automatic and smart. Our technologies will be made available to empower partners throughout the cooking journey, ranging in the form of features such as Zero Waste Grocer (to save money and reduce food waste), or our dynamic shoppable meal planner, alongside multiple retailer checkout options for customers to compare shopping to make a decision to solve the daily problem of "Whats for dinner? Were thrilled that our growing roster of partners in all categories of food show a commitment and demand, to consistently make the home cooks experience more seamless, and we wont stop until eating in can be as easy as eating out says SideChef Founder and CEO Kevin Yu.SideChef is an all-in-one home cooking platform that provides over 20,000 interactive smart recipes with dynamic recipe guidance featuring hands-free voice commands, step-by-step photos, how-to videos, and built-in timers. SideChef partners with the worlds largest retailers, publishers, CPG brands, and kitchen appliance companies to offer users a seamless cooking journey, enabling personalized meal planning, over 12,000 one-click shoppable recipes to enable grocery delivery or curbside pickup, and smart kitchen connectivity.SideChef is available for free on iOS, Android, Amazon Alexa, Google Home Hub, Samsung Bixby, and Facebook Portal from Meta devices.