DR. KITCHEN (CEO, Park Jae-yeon), a healthcare startup based in Korea, announced on October 10 that the company has attracted KRW 2.3 billion worth of funding from Mirae Asset Venture Investment and G.N. TECH Venture Capital. G.N. TECH Venture Capital invested KRW 1.3 billion and Mirae Asset venture invested KRW 1 billion.
DR. KITCHEN completed the investment round in August last year with KRW 1.4 billion from K-Cube Ventures. DR. KITCHEN’s cumulative funding amounts to KRW 3.7 billion.
DR. KITCHEN, founded in July 2015, services healthy diet meal plans for diabetic patients. Its meal plans are medically approved to fit the needs and constraints of the patients. Currently, over 400 different dishes are being developed by professional chefs.
Consumers who subscribe to this plan would be able to manage dietary habits more conveniently and enjoy high quality meals of greater variety.
The company has been working on collaborating with major hospitals and corporations. For instance, DR. KITCHEN is sourcing meal kits to diabetic patients in Samsung Seoul Hospital, one of the largest hospitals in Korea, to test their meal plans and receive feedback. Also DR. KITCHEN is in talks with large pharmaceutical and medical device companies to further enhance dietary choices and blood glucose management solutions.
Park Jae-yeon, CEO of DR. KITCHEN, said, “DR. KITCHEN has maintained a rapid growth rate of 10-15% every month since last April. Through this investment, we will concentrate on research and development to introduce our meal plan services to patients with other diseases.”
This article, entitled “South Korean healthcare startup Dr. Kitchen lands USD 2 M to expand meal plan services”, was written in Korean by Kim Min Jung of Platum, edited by AllTechAsia.