Vengrove Asset Management led a $320m Series A round in Karma Kitchen.

Vengrove Asset Management, a real estate investment management firm, led a $320m Series A round in Karma Kitchen, a provider of shared and private kitchen spaces intended for businesses. The round was also backed by early-stage venture firm Omakase Investment Club. "Instead of increasing the budget of venture capital to invest in investments and site development, we opted for a true real estate organization that advertises acquisitions of genuine goods. The nature of what we were going to exploit coins to move the rental sites and put them up ourselves, is a great friend to have a real real estate wife who has a constant fund to buy the loose houses from the sites and then build them for us," Eccie Newton, Karma Kitchen Co-Founder.