| Founded | 2013 |
|---|---|
| Closed | 2023 |
| Country | USA |
| Sector | Foodtech |
| Total raised | 1500 |
| Collapse type | Mass Layoff Spiral |
| Founder | Ari Ojalvo |
REEF Technology
"The company that turned parking lots into ghost kitchens — and raised $1.5B doing it"
Cascading layoffs that accelerated the decline
Key Events Timeline
REEF Technology had a genuinely creative idea: parking lots in urban centers are underutilized during evenings and weekends.
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