Kune, Kenya’s controversial meals startup, has shut down

Kune, a Kenyan startup within the area of meals expertise that offered ready-to-eat meals at reasonably priced costs, is closing at present, mentioned the corporate’s founder and CEO Robin Reicht.

In an announcement posted on its LinkedIn web page, Reecht cited the suffocating economic system and inflated meals costs as circumstances that contributed to the closure of Kune. “With the present financial downturn and the tightening of funding markets, we’ve got failed to extend the following spherical. “Mixed with rising meals prices, that are worsening our margins, we simply could not hold going,” he mentioned.

The announcement comes simply 4 months after the startup started buying and selling in established diet facilities round Nairobi. On the time, Kune’s administration additionally introduced its intention to boost $ 3.5 million in its second spherical of funding.

However whereas Kune was popular with his shoppers, the startup’s journey was not with out controversy. Final June, Reecht confronted a robust blow to Kenyans on Twitter (greatest often called KoT) after sharing in an interview with TechCrunch that he was impressed to launch Kune after touring to Kenya in November 2020 and is had hassle discovering reasonably priced, ready-to-eat meals.

“Three days after I got here to Kenya, I requested the place I might discover nice meals at a low worth and everybody mentioned [sic] it is unimaginable for me, “he mentioned.” It is unimaginable since you both go exterior and eat road meals that is actually low cost however not so good high quality, otherwise you order from Uber Eats, Glovo or Jumia, the place you get high quality however you must pay not less than $ 10. ”

Reicht, who’s white and French, based Kune only a month later.

Kenyans have been outraged by his feedback did not hesitate to specific their criticism. They argue that Reicht’s skill to safe financing so shortly is due extra to his white privileges than to his marketing strategy, which some say goals to unravel a non-existent downside. These discussions gave technique to a broader dialogue of white privileges and expertise favoritism, in addition to Kenya’s disregard for native founders.

In an announcement, Reecht mentioned that though Kune has offered greater than 55,000 dishes and gained greater than 6,000 particular person clients and 100 company clients because the starting of the yr, its $ 3 retail worth is just not sufficient to maintain its development. .

Addressing Kune’s traders, he mentioned: “Not solely did you spend money on Kune, however you gave us your time, your mind, your connections and your emotional help. I deeply remorse that Kuhn’s imaginative and prescient didn’t come true. To convey your confidence is one thing I’ll by no means forgive myself for. ”

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