Travis Kalanick Is Unloading His Uber Holdings

The transcript discusses Travis Kalanick's significant reduction in Uber stock holdings, which now constitute a smaller portion of his wealth compared to the past. Despite multiple sales, these do not seem to be influenced by Uber's stock performance. Garrett Camp, the other co-founder, has sold fewer shares. Kalanick is investing in cloud kitchens, a cash-intensive business, with substantial personal investment and funding from Saudi Arabia's sovereign wealth fund.

What business is Travis Kalanick involved in, and what is its financial nature?

What significant funding did Travis Kalanick receive for his cloud kitchens business?