RoboBurger has opened a $10 million Seed 2 round of funding in partnership with London-based private equity firm, Promethean Investments.
The company claims to have created the world’s first fully autonomous robotic burger chef in a box. The robot can grill, toast, add condiments and assemble a fresh burger in around four minutes.
The funding will enable the company to meet consumer demand. Audley Wilson, CEO of RoboBurger, said: “We have received an overwhelming amount of interest from around the world. This new round of funding will allow us to rapidly scale up and keep up with the incredible demand as we continue to roll out RoboBurger units across the US.”
Michael Burt, founding partner at Promethean, commented: “Audley and his team have delivered a remarkable product with patented solutions, addressing the challenges of grilling fresh food in a robotic vending machine”.
“Promethean believes that Roboburger and their focus on automation and robotics are the solution to deal with the labour availability and cost as well as inflation challenges we see in hospitality and food production today. We look forward to helping take Roboburger global.”
The company opened its first pop-up location in Jersey City in March this year and has used the feedback to improve the taste of the burgers and the time taken to make them. “Our newest units reflect these changes and customers can now get a hot, freshly grilled burger in about four minutes,” added Dan Braido, CTO of RoboBurger.
© FoodBev Media Ltd 2022
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