Why This Fast-Growing Cookware Company Is Backed by the Alinea Group and Tom Colicchio

  • 📰 foodandwine
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 59%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Made In products have taken over some of the country's best kitchens while remaining affordable to home cooks.

Cofounders Jake Kalick and Chip Malt, who launched the company in 2017, hoped to reduce the price of professional-grade cookware with products that were accessible to both restaurant chefs and home cooks. According to a company statement, Made In’s product portfolio experienced over 1050% growth last year, while growing a waitlist of over 10,000 customers for new product launches like for the Carbon Steel Skillet and Universal Lid.

Made In products have already made their way into some very high-profile restaurants, including Alinea, Next, Roister, Birdie G's, Craft, Konbi, and Bouillion, and Kokanas says he uses them at home, as well. "Over the last ten years, we've had every cookware company in the country, including most of the new direct-to-consumer ones, come to us with various forms of partnership or sponsorship requests, but we didn't feel like anyone in cookware was doing anything unique or different," Kokonas tells. Just a couple weeks after an initial phone call with Made In, the Alinea Group decided to invest.

The announcement follows Made In’s Seed-1 Funding in August, which brings the company's total funding to $8.33 million, according to a company statement.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 366. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Goldman Sachs' guide to the hot SPAC market and why investors should be carefulNew for subscribers: Goldman Sachs' guide to the hot SPAC market and why investors should be careful Check out CNBCPro for a free trial. Pro SPAC Just remember, this is a pig in a poke. As they expand the possibility of buying into Large Liability Corporation increases. Pro Every time I see Bill I can't but think how brave he was to run into a mean locker room to get his father. He truly is one of the unsung heroes of the world.😂😂😂🤣🤣🤣
Source: CNBC - 🏆 12. / 72 Read more »

Why Lincoln's move to an all-SUV lineup is a smart strategy - Business InsiderLincoln is synonymous with old-school American luxury, but it's had to make some changes in order to survive in 2020’s luxury car market. To stay relevant, Lincoln has a plan. And it's willing to make some sacrifices to pull it off.
Source: BusinessInsider - 🏆 729. / 51 Read more »