NEW YORK CITY— Real estate investment company RXR Realty, along with GV, formerly known as Google Ventures, closed on a $40 million Series B fundraiser on behalf of Kitchen United, a Pasadena, Calif.-headquartered shared kitchen. The start-up will use the raised capital to open three immediate locations in the New York-tristate, and its splash into several other national cities.
Planting the flag in Brooklyn, Manhattan and Stanford, CT., Kitchen United will use RXR Realty as the vehicle to opening their kitchen centers, setting up shop in their properties. Bringing off-premise restaurant service to New York City, a primary growth market has been a key goal. RXR recognized this aspiration.
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