Chubby Group Closes $50M Series A Led by Prysm Capital at $500M Valuation; Signs Deal to Purchase 47 GEN Korean BBQ Restaurants

Summary

Chubby Group secured $50 million in a Series A funding round led by Prysm Capital, valuing the company at $500 million. The deal also includes Chubby's acquisition of 47 GEN Korean BBQ restaurants.