Poke House looking to accelerate global expansion after securing new investment

By James McAllister

- Last updated on GMT

Poke House looking to accelerate global expansion after securing new investment

Related tags Poke House Multi-site QSR R200

Italian poke chain Poke House is looking to accelerate its global expansion following the completion of a new investment round.

The group, which operates nine UK sites all based in London, has secured funding from Red Circle Investments. The private investment vehicle, led by Renzo Rosso, joins long-term Poke House shareholders MIP, Angelo Moratti, Eulero Capital and FG2 Capital.

Through the new investment, Red Circle is aiming to help transform and strengthen the Poke House concept into a global brand.

Plans are focused mainly on international expansion, with new openings in countries where the group is already present and the evaluation of other new territories.

Alongside the UK, Poke House has overseas locations in Spain, Portugal, France, Romania, Austria, the Netherlands and the US.

In addition to its expansion efforts, Poke House is also looking to strengthen its sustainable credentials, with a goal to become B-Corp certified in the future.

“I am thrilled to begin our collaboration with Red Circle Investments and delighted by the reappointments from our current partners, we are even more confident of achieving our next goals,” says Matteo Pichi, who founded Poke House with Vittoria Zanetti in Italy back in 2018.

“We see the younger generation never giving up healthy, tasty and balanced bowls for their lunches. We are here to be their reference point, we will intensify our foreign presidium and accelerate our sustainability initiatives to create shared value for all our stakeholders, shareholders, customers and for our entire team.”

Related news