With 80% of new restaurants failing within five years, Munchfam aims to turn the tide. The company has secured €600K in funding to offer a service platform that helps restaurants boost efficiency and profitability through cutting-edge digital tools, plug-and-play brands, and high-quality ingredients.
- Munchfam’s Solution: Munchfam provides a unique service platform combining digital tools, ready-to-use brands, and premium ingredients, helping restaurants thrive across dine-in, delivery, and takeout channels.
- Founders’ Expertise: Munchfam was founded by industry veterans Pertti Kallioinen, Wei Zhou, Henri Auvinen, and Sauli Lehtovaara, who have over 50 years of experience in restaurant management and business development.
- Investors: The funding round was led by Pitchdrive (Belgium) and Genesis (Greece), with backing from Nordic Makers, Founders Edge, and former executives from Wolt, JustEat, and Food Panda.
- CEO’s Vision: CEO Pertti Kallioinen, having built his own restaurant chains, understands the challenges and is committed to providing solutions that help restaurants succeed.
- Future Plans: Munchfam plans to expand its platform in existing markets—Finland, Germany, Denmark, and Sweden—while continuing to innovate for the restaurant industry.
Munchfam’s €600K funding will accelerate its mission to revolutionize the restaurant business with a powerful service platform. By helping restaurants adapt and thrive, Munchfam is poised to reduce failure rates and transform the industry for the better.