# CoCooking Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cocooking-co

- Industry: Education/Training
- Headquarters: Higashimatsuyama, Japan
- Website: www.cocooking.co.jp
- Total disclosed funding: $0.9M
- Latest round: Series A (Jan 31, 2022)
- Investors on record: 4

## About

CoCooking Co., Ltd., based in Tokyo, Japan, is focused on revolutionizing food consumption through its innovative platform that connects consumers with surplus food, addressing both sustainability and affordability in dining.Founded in 2015 in Higashimatsuyama, Japan, CoCooking Co., Ltd. is dedicated to reducing food waste via its flagship service, TABETE, which facilitates food sharing. The company has completed a total of 7 deals, with its most recent funding round being the Series A in September 2024, where it raised JPY 110.000 mn from investors including KIBOW Foundation, QR Investment, SMBC Venture Capital, and Yamaguchi Capital. The current company valuation stands at JPY 805.141 mn. The CEO of CoCooking is Kazuma Kawagoe, and the founder is Taichi Isaku.CoCooking operates primarily through its flagship service, TABETE, a food sharing platform designed to mitigate food waste by connecting consumers with meals that are still edible but at risk of being discarded. TABETE facilitates the purchase of food from commercial establishments that are unable to sell their products before closing time, thus bridging the gap between surplus food and potential consumers known as "???" (tabete, or "eaters"). This initiative promotes sustainable consumption practices while providing consumers with affordable meal options. The service is particularly focused on urban areas in Japan, targeting a diverse customer base that includes environmentally conscious individuals, families, and local businesses seeking to contribute to food waste reduction efforts. In addition to TABETE, CoCooking employs the "Pattern Language" methodology to enhance organizational creativity and communication, furthering its mission to foster a more inventive and human-centered approach to living.CoCooking generates revenue through various mechanisms tied to its TABETE platform, including partnerships with retail food establishments and direct transactions with consumers. The service operates on a transactional basis where businesses pay to list their surplus meals on the platform, effectively creating a marketplace for customers to access discounted food options. Additionally, CoCooking may engage in community initiatives and collaborations that enhance brand visibility and contribute to its overall business model. The revenue structure is built on these direct consumer interactions, with TABETE functioning as a conduit for B2C transactions that both alleviate food waste and address the growing consumer demand for sustainable dining experiences.CoCooking Co., Ltd. plans to leverage its most recent funding round from Future Venture Capital, which occurred in September 2024, to enhance its product offerings and expand its market reach. The company aims to introduce new features on the TABETE platform, specifically designed to improve user experience, with anticipated launch dates to be announced soon. Furthermore, CoCooking is targeting expansion into additional urban markets across Japan by 2025, with a focus on increasing its footprint in metropolitan areas where food waste remains a significant challenge.

## Funding rounds

- Series A, Jan 31, 2022, $0.9M — SMBC Venture Capital, YMFG Capital, KIBOW Foundation, QR Investment

## Investors

- SMBC Venture Capital (https://capitalatlas.ai/funds/smbc-venture-capital) — Series A
- YMFG Capital (https://capitalatlas.ai/funds/ymfg-capital) — Series A
- KIBOW Foundation (https://capitalatlas.ai/funds/kibow-foundation) — Series A
- QR Investment (https://capitalatlas.ai/funds/qr-investment) — Series A