Connect with us

Hi, what are you looking for?

Jewish Business News


Microsoft Invests in Travis Kalanick’s CloudKitchens

Travis Kalanick

Travis Kalanick on Stephen Colbert

Travis Kalanick may be the embattled former head of Uber, but the man still has his believers. One is the company Microsoft which invested in his startup CloudKitchens. Microsoft was one of a number of investors in an $850 million fundraising round – in debt and equity – in November 2021 that left the company with a $15 billion valuation.

CloudKitchens provides infrastructure and software that enables food operators to open delivery-only locations with minimal capital expenditure and time. The company also rents out surplus space in restaurants to store convenience goods, such as pet food or over-the-counter medicine.

And according to a report in Financial Times, CloudKitchens exploded in operations since the raise, with rapid global growth. The company now has more than 4,000 employees across the US, Latin America, the UK, and the Middle East.

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at
Thank you.

But while Microsoft may be high on CloudKitchens, some of its current employees say that the company has the same toxic workplace that Uber had under Travis Kalanick’s leadership.

“If they want to be a successful company, there needs to be a very big cultural change. People need to be valued as people within the company,” an anonymous source told Financial Times.

And another source described as someone who had worked at a senior level at Uber and then also worked at CloudKitchens said described the company as “the most toxic place I’ve ever seen or experienced.”

Travis Kalanick stepped down as the head of Uber in 2017 after he was accused of doing nothing about alleged sexual harassment at the company. At the time he stated, “I love Uber more than anything in the world and at this difficult moment in my personal life I have accepted the investors’ request to step aside so that Uber can go back to building rather than be distracted with another fight.”



You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...


The Movie The Professional is what made Natalie Portman a Lolita.


After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...

VC, Investments

You may not become a millionaire, but there is a lot to learn from George Soros.