PilotWorks is shutting down

Date:

Trending

Pilotworks a Bushwick based startup, which offers commercial kitchen space, mentor programs, and distribution services to food startups, on Saturday has announced that “The company is shutting down its business due to the lack of necessary capital.”

- Advertisement -

Pilotworks currently has its centers in Brooklyn, Newark, Chicago, Dallas and Providence. Currently it has 175  independent food entrepreneurs in Brooklyn.

The company also issued a brief statement on its website.

It is with a heavy heart that after failing to raise the necessary capital to continue operations, Pilot works will cease operations on October 13th, 2018. We realize the shock of this news and the disruption it causes for the independent food community we were so honored to serve.

This is a sad outcome for Pilotworks, the makers in our kitchens, and independent food in general. We wish there was another option to continue operating. Sadly, there was not. The work the independent food community is doing is amazing and inspiring. We know it will live on, and we are deeply sorry it will not be with Pilotworks.

Questions can be directed to questions@pilotworks.com, and we will make every attempt to answer them the best we can.

Regretfully,
Pilotworks

- Advertisement -

THE SNAPSHOTS

Sign up to get quick snaps of everyday happening, directly in your inbox.

We don’t spam! Read our privacy policy for more info.

- Advertisement -

Support our independent journalism PayPal (Outside India) For PayU (For Indian Readers).

Krishna Mali
Krishna Mali
Founder & Group Editor of TechGraph.

More Latest Stories

More Articles

Alphabet VP Amie O’Toole Disposes Class C Stock Units to Cover Tax Withholding

Alphabet Vice President and Chief Accounting Officer Amie Thuener O'Toole disposed of Class C Google Stock Units totaling 1,919 shares on July 25, as...

NVIDIA CEO Jensen Huang Sells $27.6 Million in Stock Over Five Days

NVIDIA Corp (NASDAQ:NVDA) Chief Executive Officer Jen-Hsun Huang sold 228,000 shares of company stock between July 24 and July 28, generating proceeds of approximately $27.6 million. According to a Form 4 filed with the U.S. Securities and Exchange Commission, the sales were conducted under a...

Why Warranties Matter When Choosing a Custom Home Builder

Building a custom home is one of the biggest financial investments many homeowners will...

From Digital AEC Rollouts to Infra Alignment: Nirmalya Chatterjee on Nemetschek’s Multi-Tiered India Approach

In a conversation with TechGraph, Nirmalya Chatterjee, Country Vice President and Managing Director of...

Alphabet Q2 Revenue Rises 14% to $96.4 Billion, Cloud and AI Drive Growth

Alphabet Inc. (NASDAQ:GOOG) reported revenue of $96.4 billion for the second quarter ended June...

Alphabet Director Shriram Kavitark Ram Sells $6.16 Million in Stock

Alphabet (NASDAQ:GOOG) Director Shriram Kavitark Ram sold 33,566 shares of the company’s Class A...

How Proactive Threat Intelligence Prevents Fraud Before It Starts

The threat landscape of cybercrime is changing at a faster rate than a chameleon...

Trump Media Pivots to Bitcoin With $2 Billion Treasury Allocation

Trump Media and Technology Group has moved about $2 billion of its liquid assets...

Decimal Point Analytics CEO Shailesh Dhuri On Improving India’s Healthcare Ecosystem With AI

In a conversation with TechGraph, Shailesh Dhuri, Co-founder and CEO of Decimal Point Analytics, spoke about the company’s focus on backend healthcare transformation through...

Crypto Airdrops in 2025: The Opportunity to Earn Free Tokens and Design Decentralized Ecosystems

The cryptocurrency world has opportunities for both advanced investors and newcomers, but very few...

Why Businesses Are Turning to AI Like the Latest Grok Model

Businesses now need to embrace the smartest tools on the market, and that includes...

Meta Legal Chief Jennifer Newstead Disposes of 519 Shares

Jennifer Newstead, Chief Legal Officer at Meta Platforms, sold 519 shares of the company’s...

India’s Vice President Jagdeep Dhankhar Resigns, Citing Health Reasons

Vice President Jagdeep Dhankhar resigned on Monday, citing medical advice and the need to...

GPS Renewables Names Ravikumar SV as CEO of Bharat GPS Bioenergy

GPS Renewables, an India based biogas engineering company, has appointed Ravikumar SV as CEO of the newly incorporated Bharat GPS Bioenergy Private Limited(BGBPL), a...

Abu Dhabi Investment Authority To Acquire 3% Stake In India’s Meril For $200 Mn

Abu Dhabi Investment Authority (ADIA) is investing $200 million for a 3% stake in Meril, an Indian medical device maker, valuing the company at $6.6 billion. The transaction, announced Monday, is subject to clearance from India’s competition regulator. Once completed, Meril will count two major...

How Dating Tech Skews Toward Swipe Addiction Instead of Intentional Connection

Dating apps leverage gamified features like endless profiles, dopamine-triggering matches, and instant gratification loops,...

Meta Director Robert Kimmitt Sells $335,134 in Stock

Meta Platforms (NASDAQ:META) Director Robert M. Kimmitt sold 465 shares of the company’s Class...

Alphabet CEO Sundar Pichai Files to Sell Shares Worth $5.95 Million

Alphabet Inc., CEO, Sundar Pichai has filed to sell 32,500 shares of the company’s...

Alphabet Director John Hennessy Files to Sell $72,828 in Stock

Alphabet Inc., director John L. Hennessy has filed to sell 400 shares of the...

LotteryHub.com – Your Guide to Global Lotteries

In a world woven with stories of unexpected fortune and life-changing prizes, lotteries have...

The future of HR technology: connecting systems for smarter workflows

With digital transformation taking center stage more than ever before, human resource (HR) departments...

Jensen Huang Files to Sell NVIDIA Shares Worth $12.45 Million

Jen-Hsun Huang, President and CEO of NVIDIA Corporation, filed to sell 75,000 shares of...

Alphabet Director L. John Doerr Receives Stock Units in Annual Grant

L. John Doerr, a director at Alphabet Inc., received 2,016 Class C Google Stock...

NVIDIA Director A. Brooke Seawell Files to Sell $8 Mn in Stock

A. Brooke Seawell, a director at NVIDIA Corporation, has filed to sell 49,131 shares...

Meta Legal Chief Jennifer Newstead Disposes of 519 Shares

Jennifer Newstead, Chief Legal Officer at Meta Platforms, sold 519 shares of the company’s...

Meta Chief Legal Officer Jennifer Newstead Sells $375,776 in Stock

Meta Platforms (NASDAQ:META) Chief Legal Officer Jennifer Newstead sold 519 shares of the company’s...

Alphabet CEO Sundar Pichai Sells $5.7 Million in Stock

Alphabet Inc. (NASDAQ:GOOG) Chief Executive Officer Sundar Pichai sold 32,500 shares of the company’s...

Pichai Family Foundation Files to Sell $732,400 in Alphabet Stock

The Pichai Family Foundation filed to sell 4,000 shares of Alphabet Inc. Class C...

Meta COO Javier Olivan Sells Shares Worth $371,548

Javier Olivan, Chief Operating Officer at Meta Platforms Inc., sold 517 shares of Class...

India’s Vice President Jagdeep Dhankhar Resigns, Citing Health Reasons

Vice President Jagdeep Dhankhar resigned on Monday, citing medical advice and the need to...

Alphabet Director L. John Doerr Receives Stock Units in Annual Grant

L. John Doerr, a director at Alphabet Inc., received 2,016 Class C Google Stock...

Alphabet Director Frances Arnold Awarded Stock Units in Annual Grant

Frances Arnold, a director at Alphabet Inc., received 2,016 Class C Google Stock Units...

NVIDIA Director A. Brooke Seawell Files to Sell $8 Mn in Stock

A. Brooke Seawell, a director at NVIDIA Corporation, has filed to sell 49,131 shares...