Category: Restaurant Tech
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There is probably nothing more 2021 than Yelp announcing today a new feature that allows businesses to list their vaccine status and requirements. It is also very 2021 that in the same announcement, Yelp felt the need to reaffirm internal processes to help mitigate any online backlash listing these requirements might incur. In a corporate…
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Those with an eye on restaurant tech may remember that this time a year ago, Euromonitor predicted that the ghost kitchen market would be worth $1 trillion by 2030. That’s an enormous number to pin on what was then still quite a nascent sector. But Michael Schaefer, the Euromonitor analyst who made that prediction, wasn’t…
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Kitchen United (KU) will expand its ghost kitchen network to include Kroger locations thanks to a just-announced partnership between KU and the grocery retailer. KU kitchens will be located at various Kroger locations, the first of these being at a Ralphs in Los Angeles slated to open this fall. Participating Kroger stores will house a…
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Online ordering platform Lunchbox announced today it has acquired Spread, an online marketplace that aims to offer both restaurants and customers an alternative to Grubhub, DoorDash, and other major third-party delivery services. Lunchbox’s online ordering software will power the transactions, while Spread will handle the deliveries. Pickup options will also be available for customers. NYC-based delivery…
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This is the web version of our newsletter. Sign up today to get updates on the rapidly changing nature of the food tech industry. Here at The Spoon, we’re up to our elbows in prep-work for the upcoming Restaurant Tech Summit, which is right around the corner (August 17). The daylong virtual event will feature restaurant owners…
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DoorDash has launched a new location of its ghost kitchen operation, the company announced today via a press release sent to The Spoon. DoorDash Kitchens San Jose will house six different restaurant concepts from both nationally known restaurants and those from the San Francisco Bay Area. This is the second DoorDash Kitchens location. DoorDash launched…
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ConverseNow, which makes an AI ordering assistant for restaurants, announced today that it has rasied a $15 million Series A round of funding. The round was led by Craft Ventures with participation from existing investors including LiveOak Venture Partners, Tensility Venture Partners, Knoll Ventures, Bala Investments, 2048 Ventures and Bridge Investments. This brings the total…
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Delivery Hero today launched its Sustainable Packaging Program that gives restaurants on its platform more eco-friendly options for their to-go orders. The concept is currently piloting in Austria, Chile, Germany, Hong Kong, Hungary, Qatar, and Singapore. Delivery Hero said in today’s announcement that it will expand the program to other markets in the near future.…
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Canadian restaurant supply chain tech company Notch has closed a $10 million round of financing led by Accomplice and BDC, bringing its total funding to date to nearly $20 million. MATH Venture Partners, Golden Ventures, The Yield Lab, Garage Capital, and Plexo Capital also participated, as did several angel investors. The Toronto-based company wants to…
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This is the web version of our newsletter. Sign up today to get updates on the rapidly changing nature of the food tech industry. As online ordering becomes more the norm, the next step in on the path to digitization is all about data. More specifically, it is about making sense of the mountains of customer data…
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For Domino’s, combatting the restaurant industry’s current labor shortage means adopting more tech to make operating procedures more efficient. Speaking on this week’s earnings call, CEO Ritch Allison said his company is “absolutely working on technologies and operating procedures to help us run our stores more efficiently, and with less labor.” One major development relates…
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Restaurant ordering and payment processing platform Bbot announced today that it has raised a $15 million Series A round of funding. The round was led by CRV and follows a $4 million extension to its Seed round the company raised in January of this year. Bbot’s total amount of funding is now $22.3 million. Broadly…
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