Category: Restaurant Tech
-
Indian delivery service Swiggy has closed a $1.25 billion round of Series J funding led by Softbank Vision Fund 2 and Prosus Ventures, according to TechCrunch. Qatar Investment Authority, Falcon Edge Capital, Amansa Capital, Goldman Sachs, Think Investments and Carmignac participated in the fundraising, as well as existing investors Accel Partners and Wellington Management. The…
-
Restaurant operations tech company Zenput has raised $27 million in Series C funding. The round was led by Golub Capital with participation by existing investors, including Jackson Square Ventures, MHS Capital, and Goldcrest Capital. It brings Zenput’s total funding to date to over $47 million, according to a company press release. San Francisco-based Zenput calls…
-
Restaurant tech company Choco announced today it has raised $100 million in in Series B funding led by growth equity firm Left Lane Capital. Insight Partners along with existing investors Coatue Management and Bessemer Venture Partners also participated in the round, according to a press release sent to The Spoon. Choco has raised $171.5 million…
-
Generally speaking, restaurants with drive-thrus have often fared better than most over the last year and a half of shutdowns, dining room restrictions, and overall uncertainty. But even as demand for this format rises and major QSRs say they’ll focus more on it in future store designs, wait times at the drive-thru have gotten longer,…
-
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 Spoon. Investors in this latest raise include TDF Ventures, Gordon Food Service, MATH Venture Partners, Revolution, and Cleveland Avenue. To date, 86 Repairs has raised…
-
One year ago, Euromonitor International predicted the ghost kitchen market could be worth $1 trillion by 2030. The prediction, made by Euromonitor’s Global Lead for Food & Beverage Michael Schaefer, reverberated around a restaurant industry that was still deep in the midst of dining room shutdowns and restrictions related to a global pandemic. Little wonder…
-
Instawork, an online marketplace that connects local businesses across the U.S. with available workers, announced today that it has raised a $60 million Series C round of funding. The round was led by Craft Ventures with participation from Grelock, Corner Ventures, Four River Group, WndrCo and Tilman Fertitta (owner of Landry’s and the Houston Rockets).…
-
Pazzi announced earlier this week that it has opened its first official robotic pizza restaurant in Beaubourg in Paris, France. This is the second robot pizza restaurant for the company, following a pilot facility it opened in a Parisian suburb in 2019. Dubbed the “Pazziria,” the almost fully autonomous kiosk uses robotic arms to and…
-
Virtual restaurant company C3 (Creating Culinary Communities) has raised an $80 million Series B funding round co-led by Brookfield Asset Management and REEF Technology. Egon Durban and Greg Mondre Managing Partners and Co-CEOs of Silver Lake Partners, along with Dean Adler, Co-Founder of real estate investment firm Lubert-Adler. C3’s business these days is as much…
-
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 we’re fond of saying lately, last year’s pandemic-induced chaos accelerated the restaurant industry’s adoption of technology so much that about a decade’s worth of changes happened in the span of a couple…
-
McDonald’s will cut technology fees for its U.S. franchisees by 62 percent following a third-party review of of billing, according to a report from Bloomberg. The original $68 million was announced in December of 2020, when corporate said it would charge franchisees a $423-per-month fee to cover a lag in outstanding technology fees. Outrage ensued…
-
Miso Robotics is making moves to expand its restaurant automation beyond fryers and grills into QSR beverage stations. Last week Miso announced a partnership with Lancer Worldwide, a global manufacturer of beverage dispensers, to develop an automated, intelligent system designed to speed up and organize drink orders. The forthcoming beverage dispenser will integrate with a…
Get the spoon in your inbox.
By subscribing you agree to our Privacy Policy and provide consent to receive updates from our company.
Site by House of Giants
© 2026 All Rights Reserved