# IOK Labs

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/iok-labs

- Industry: Internet
- Headquarters: Kitchener, Canada
- Website: www.klovechef.ai
- Total disclosed funding: $0.1M
- Latest round: Seed (Dec 3, 2021)
- Investors on record: 3

## About

IOK Labs Inc specializes in AI-driven culinary solutions, providing innovative recipes that enhance food preparation and dining experiences for a diverse range of consumers.Founded in 2016 and headquartered in Kitchener, Canada, IOK Labs Inc focuses on AI-generated culinary creations. The company has executed 8 deals, with its most recent funding round occurring on December 3, 2021, led by Venture Catalysts that raised USD 1.00 mn. The founder, Bahubali Shete, has a background in technology and innovation, although details about previous ventures are not provided.Chef K-Love offers a unique range of AI-generated culinary creations, designed to revolutionize food preparation and dining. Their innovative recipes combine algorithmic precision with culinary creativity, catering to both novice cooks and seasoned chefs. The company targets markets in North America, Europe, and Asia, meeting the growing demand for digital culinary solutions and personalized cooking experiences.The revenue of Chef K-Love is primarily generated through a subscription model, giving users access to exclusive, AI-generated recipes and culinary content. Different pricing plans cater to varying user needs, ensuring ongoing engagement and consistent updates of new recipe offerings. This unique model allows the company to sustain a direct-to-consumer relationship, fostering a loyal user base.In December 2021, IOK Labs Inc secured USD 1.00 mn in seed funding from Venture Catalysts, which will be utilized to support the development of new AI-driven culinary products. The company plans to expand into additional geographic markets, with a focus on enhancing its presence in Europe and Asia by the end of 2023.

## Funding rounds

- Seed, Dec 3, 2021 — Venture Catalysts
- Seed, Aug 5, 2021 — SOSV
- Seed, Dec 31, 2017, $0.1M — SOSV, Food-X

## Investors

- SOSV (https://capitalatlas.ai/funds/sosv) — Seed
- Food-X — Seed
- Venture Catalysts (https://capitalatlas.ai/funds/venture-catalysts) — Seed