Manutara Ventures invests USD 750k in Atomic Kitchens

Manutara Ventures, the Chilean venture capital fund, has made a significant investment of USD 750,000 in Atomic Kitchens, a foodtech startup founded in Chile in 2020. This operation, part of Manutara’s second fund, aims to support the company’s expansion across Latin America and foster the development of new business lines.

Atomic Kitchens has positioned itself as one of the leading startups in the realm of "virtual brands" and ghost kitchens in the region, with a presence in Argentina, Bolivia, Chile, the Dominican Republic, and Uruguay, boasting more than 900 distributed franchises.

Atomic Kitchens: A Disruptive Startup in the Foodtech Industry

Atomic Kitchens focuses on creating and connecting food franchises with locations and ghost kitchens, making use of their idle capacity. The startup has gained traction thanks to its innovative data analysis technology, which enhances sales and operations for these establishments. Its clear goal is to support small food entrepreneurs and help them optimize resources without the need for large initial investments.

Currently, Atomic Kitchens operates in five Latin American countries and has over 900 active franchises. Additionally, the company has successfully launched its B2B marketplace in three of its main markets, achieving double-digit monthly growth. With a GMV exceeding USD 20 million and over 2 million annualized orders, Atomic Kitchens ranks among the top 3 virtual brand-based companies in Latin America.

The Investment by Manutara Ventures

Manutara Ventures, through its second venture capital fund, has injected USD 750,000 into Atomic Kitchens, a strategic move that will allow the startup to expand its franchise network across Latin America. Cristian Olea, Managing Partner at Manutara Ventures, expressed his satisfaction in supporting high-potential startups like Atomic Kitchens and hinted at the possibility of further investments if the company maintains its positive performance.

This financial backing not only focuses on territorial expansion but also on the creation of new business lines that generate synergy with Atomic Kitchens’ current offering. Uriel Krimer, CEO and co-founder of the startup, expressed his excitement about the investment and the honor of having Manutara on its board of directors.

Growth and Expansion Prospects

The Atomic Kitchens team has outlined an ambitious plan for the coming year: to double the number of partners in its network and continue expanding its presence in both existing and future markets. The investment from Manutara Ventures will be key to driving this sustainable growth and enhancing the profitability and professionalization of its partners. With a focus on innovation, Atomic Kitchens will remain a key player in the foodtech industry, connecting idle kitchen capacity with virtual brands.

This move aligns with Manutara Ventures' vision of supporting purpose-driven entrepreneurs and scaling high-impact startups. With a portfolio that includes startups like Xepelin, ETpay, and OpenCasa, Manutara Ventures continues to establish itself as a relevant player in the venture capital ecosystem in Latin America.

The USD 750,000 investment from Manutara Ventures in Atomic Kitchens reflects the startup’s disruptive potential and its ability to lead the foodtech industry in Latin America. This financial backing will enable the company to continue expanding, innovating, and consolidating its market position. At the same time, Manutara Ventures' commitment to startups with a strong focus on sustainable growth reaffirms its key role in transforming the entrepreneurial ecosystem in the region.