Report: Restaurant Tech Funding Drops to $1.3B in 2024, But AI & Automation Provide Glimmer of Hope After a multi-year boom fueled by the rise of delivery apps and the broader digital transformation of the restaurant industry, venture capital flowing into restaurant tech has sharply slowed, according […]
Bite Ninja’s New Funding Shows Operational Efficiency Is What’s in for Restaurant Tech in 2022 Despite the constant flood of doomsday headlines as the dark clouds of recession gather overhead and consumer behavior regresses to the mean post-pandemic, not all news is bad news these […]
86 Repairs Nabs $7.3M in Funding for Restaurant Maintenance Tech Restaurant tech company 86 Repairs has raised an additional $5.3 million, bringing its total funding for its seed round to $7.3 million, according to a press release sent to The […]
Foodetective Raises $2M in Seed Funding for its Restaurant Software Integration Tech As restaurants adopt more technology, the need for a platform that brings all that siloed software under one digital roof grows. Foodetective, is one such company trying to do that […]
Sevenrooms Raises $50M Series B Funding for Its Data-Driven Restaurant Tech Platform Restaurant tech company Sevenrooms has raised $50 million in Series B funding. The round was led by Providence Strategic Growth and brings Sevenrooms’ total funding to $71.5 million. According to […]
Food Tech News: Meal Kit Comeback, Jahez Funding and the Future of Restaurants The weekend is here, and with it comes some additional food tech news you should know about. Let’s dive right in, shall we? Are meal kits making a comeback? Meal […]
ClearCOGS Raises $3.8M its AI-Powered Forecasting Software That Helps Restaurants Reduce Waste AI-powered restaurant forecasting startup ClearCOGS has raised $3.8 million in an oversubscribed seed round led by Closed Loop Partners, with participation from Myriad Venture Partners and Hearst’s Level Up Ventures. […]
Food Tech Weekly: AI’s Impact on Food Accelerating, Whirlpool Lays Off Yummly Team This is the online version of The Spoon Newsletter. You can subscribe to The Spoon and get deliver director to your inbox. Over the past month, we’ve seen more and […]
Pitchbook: Food Tech Funding Dropped Almost 60% in 2023 The food tech sector navigated rough waters in 2023, as venture capital funding experienced a significant downturn for the second consecutive year. According to Pitchbook’s Q4 2023 report, food tech […]
Tech-Powered MOTO Pizza Raises $1.85M as It Eyes Drone Delivery & Expansion to California Before the pandemic, Lee Kindell ran a travel hostel in Seattle, where he was known for the tasty pizza he served his guests. A couple years and a pandemic later, […]
Ben Leventhal Discusses Raising $24M for Web3 Restaurant Loyalty Platform, Blackbird This week, Blackbird, a startup building a Web3-powered restaurant loyalty platform, announced it had raised a $24 million Series A funding round led by a16z’s crypto team with participation from […]
Take a Peek at TechMagic’s Robot Ramen Restaurant in the Heart of Shibuya Last year when I visited Tokyo, I ate at a fully robotic pasta restaurant called E Vino Spaghetti. from a Japanese startup called TechMagic. Built by a Japanese startup TechMagic, […]