The outdoor cooking industry was largely insulated from the recent implosion of Silicon Valley Bank (SVB). Given the hardware heavy nature, it’s not an industry that traditionally breeds “start-ups”, who were the client base for the bank. The exception to that is pizza oven maker Ooni.
While we don’t know if Ooni held a deposit account with SVB, they did have a revolving credit facility with the bank, according to a Companies House filing (it’s like the UK’s SEC).
. Given the hardware heavy nature, it's not an industry that traditionally breeds "start-ups", who were the client base for the bank. The exception to that is pizza oven maker Ooni.){kind=link}
