Overview
Wasabi is a fast food restaurant chain based in the United Kingdom, focused on Japanese, East Asian-inspired fast food, especially sushi and bento, and operating primarily in London, England, with further branches elsewhere in England as of 2022. Wasabi was founded in London in 2003 by Dong Hyun Kim, a South Korean entrepreneur. In November 2019, Henry Birts joined as CEO.
Funding
In October 2016, the company secured £25 million in debt financing from HSBC to support expansion.
In May 2019, Capdesia, with co-investor Sushiro Global Holdings, purchased a minority stake of the company.
Further investment was made by Capdesia with co-investor, Sushiro Global Holdings, in 2020 to become the majority stakeholder. After becoming a minority stakeholder, founder Dong Hyun Kim stepped away from company operations in November 2021.
From Wikipedia (CC BY-SA 4.0).