Street food stall start up Rosa’s Thai Café secures big investment

The  Staff Canteen

The Staff Canteen

Editor 28th July 2014
The popular four-strong group of London-based restaurants, Rosa’s Thai Café, has announced an investment of £500,000 to help with its roll out plans. Having started as a street food stall in Truman Brewery’s Sunday UpMarket in Spitalfields, Rosa’s Thai Café continues to go from strength to strength and is now set to expand from four to ten restaurants by the end of 2017 The new injection of funds comes from three private investors via the UK Angel Investment Network who provided the half a million pounds in return for 10% of the business, valuing Rosa’s at £5 million. Alex Moore, one half of the original founders of Rosa’s, commented: “We are very excited to announce this investment. We were oversubscribed and chose to work with like-minded people that would allow us to retain Rosa’s independence, values and integrity as the brand grows.” This news comes on the back of the group being named as just one of 30 companies out of 15,000 selected by GrowthAccelerator, the UK based government-back partnership between leading private sector growth experts, as a HyperGrowth business. This is one which has grown at an extraordinary rate of at least three times higher than the accepted definition of ‘high growth’. Alex and his Thai wife Saiphin Moore will continue to independently operate the brand and oversee its growth with sites secured in North London’s Angel and in Chelsea with both set to open in October. Situated within Grade II listed buildings, each restaurant will offer 60-65 covers and Rosa’s unique mix of ‘homeland and home’ with punchy Thai food served up against a modern, urban caff backdrop. The first Rosa’s Café opened in Spitalfields in 2008, followed by Soho in 2010, Westfield in 2011 and most recently Carnaby Street last year.

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The  Staff Canteen

The Staff Canteen

Editor 28th July 2014

Street food stall start up Rosa’s Thai Café secures big investment