The Kamay Ventures investment fund, of which Coca Cola and Arcor, among others, are part, made its first capital contribution to a startup in the foodtech sector: the Colombian Bacu, which is developing disruptive solutions to modify the internal operational, commercial and restaurant techniques.
With the capital injection it received from Kamay Ventures, the startup hopes to end this year with 17 points of sale in Bogotá. And by 2024 it plans to add 50 stores in its country of origin and plans to enter markets such as Argentina, Chile, Peru and Mexico.
“With three luxury founders, we are motivated to bet on Bacu because of its ability to bring disruption to the gastronomy sector by creating an omnichannel experience from the beginning and because it meets the needs of today’s consumers…”, said Gabriela Ruggeri, Managing Partner of Kamay Ventures.
Bacu currently has four restaurants and hopes to rank as one of the 20 largest chains in Colombia in just 18 months since its opening.
With their method of operations and once they consolidate their business model, the goal is, in the short term, to license more than 3 million restaurants throughout the region that have not yet accessed the technology due to high costs and lack of infrastructure. .
In addition, in its chain of restaurants, the company has the concept of comfort food, in which it offers practical, nutritious, affordable and sustainable food.
This is the first bet of the Kamay Ventures fund in the foodtech segment and joins 9 others in the portfolio: Wiagro, Auravant, Zippin, Kilimo, Webee from Argentina; Ruedata is Colombian-Mexican; Retrypay from Mexico; Altscore and Aerialoop from Ecuador.
Source: Ambito
