What is Nowon?
Nowon is recognized for its exceptional gastropub fare and beverages in NYC, with its "legendary" burger frequently cited as one of the city's best. The establishment aims to provide a premier dining experience, blending authentic Korean influences with popular American comfort food. The company's focus on quality ingredients and a unique culinary identity has positioned it as a notable player in the urban food and beverage market.
How much funding has Nowon raised?
Nowon has raised a total of $457K across 2 funding rounds:
Debt
$107K
Debt
$350K
Debt (2021): $107K with participation from PPP
Debt (2025): $350K led by Cadence Bank
Key Investors in Nowon
Cadence Bank
Cadence Bank, operating through www.cadencebank.com, is a financial institution likely providing debt financing solutions, supporting Nowon's operational and expansionary capital needs.
PPP
Public-Private Partnership
What's next for Nowon?
With substantial late-stage funding, Nowon is poised for strategic expansion and operational enhancement. The recent capital injection, characterized as a major strategic investment, suggests a focus on scaling operations, potentially exploring new locations, or refining its existing service model. This financial momentum indicates a strong belief in Nowon's business model and its capacity for sustained growth within the hospitality sector.
See full Nowon company page
