Brooklyn-based Company Files Bankruptcy After Funding Disruptions
Food52 Files for Chapter 11 Bankruptcy Amid Funding Crisis Brooklyn-based Food52 Inc., a popular cooking and home-decor brand once valued at nearly $100 million, has filed for Chapter 11 bankruptcy protection following the sudden withdrawal of financial support by its primary lender in mid-December 2025.
The company is now exploring asset sale options as part of its restructuring efforts. According to reports, America’s Test Kitchen has emerged as a potential bidder, though the proposed offer is believed to be significantly below Food52’s previous valuation.
The development highlights the increasing financial pressure faced by digital-first lifestyle and media brands amid changing consumer behavior, higher operating costs, and tighter lending conditions. Food52’s future will depend on the outcome of its restructuring process and the success of asset sale negotiations. Source: Courtesy of New York Post
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