Qummy froze by 440 million

      Krasnodar-based foodtech startup Qummy has just received impressive financial support — 440 million rubles. The main part (400 million) was invested by the pre-IPO fund created by Voskhod, Alfa-Bank and T-bank, and Voskhod itself added another 40 million. The founder is already happily rubbing his hands and preparing for an IPO in 2028. Today, the company is valued at 2.4 billion rubles.

       Qummy doesn't just heat up ready meals — it resurrects them. Smart Ice technology allows you to freeze food for up to a year (180-360 days), and then turn it into a restaurant dish in 4-7 minutes using a special robot oven. By the way, the oven itself knows how to recognize what has been put into it and select the heating program — no buttons, just QR codes.

       The idea of a startup is extremely simple. People are offered fast food in terms of speed, but with the quality of normal food. No cooks, no kitchen, just a freezer and a smart stove. Such points are already operating in hotels, gas stations, offices, and even on Russian Railways trains. They say that soon there will be 5,000 instead of 1,000 — apparently, soon "Qummy" will be on every corner.

      Investors believe that losses are growing

       Since 2019, Qummy has conducted six rounds of investments, raising more than a billion rubles in total. But so far, the financial figures look like a classic startup story: revenue for 2024 is 385 million rubles, and the loss is 142 million.  However, the founders are not worried — they are confident that the ready-to-eat market will grow to 10 trillion rubles by 2030, and their technology solves the problem of a shortage of chefs and expensive kitchens.

       Qummy has grandiose plans: 5,000 locations, access to Kazakhstan and Belarus, and then, lo and behold, the IPO is just around the corner. So far, the startup has been feeding Scooter and VkusVille customers, but it dreams of having its ovens in every apartment. Maybe soon we'll all be ordering Qummy borscht instead of doshirak — who knows.

       Maybe Qummy shares can be a good investment in a couple of years.Or not. But investors are clearly counting on something.