My immediate reaction is "WeWork for chefs".
After looking over their website it looks like a real estate company providing kitchen space, WeWork for chefs.
I posted this link several weeks ago, so perhaps the "not-com" bubble" is not bursting? https://www.theatlantic.com/article/600232/
I do think this idea is actually pretty good. However I don't see a way this will gather the necessary hockey stick growth for typical startup gains that garners this much investment.
But, I've been wrong plenty of times before...