Category: Restaurant Tech
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Restaurant tech platform Presto today launched a new product bundle it says is meant to help restaurants keep their operations up-to-par in the midst of the ongoing labor shortage. The Staff Multiplier technology package is meant to help both QSRs and full-service restaurants reopen at full capacity even with limited workers onboard, according to a…
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Tesla has filed a trademark under restaurant services, which suggests the automaker may be finally working to realize its dream of combining its charging stations with an old-school drive-in restaurant concept. The application is currently waiting to be reviewed. This isn’t a new idea. As far back as 2018, CEO Elon Musk has said he…
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The Shinhwa Food Group will be rolling out server robots at its restaurants brands in South Korea thanks to a new deal with Woowa Brothers. Aju Business Daily reported yesterday that Shinhwa has agreed to gradually introduce roughly 100 “Dilly Plate” server robots at its restaurants by the end of this year. Dilly Plates are…
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Yum! Brands spinoff Yum China is investing in more digital education for underserved areas. The company today launched its Digital Classroom Initiative that gives children in rural parts of China access to online classes that will teach coding and other digital skills. The digital divide between China’s urban and rural populations has narrowed somewhat in…
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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. Greetings from Eastern Kentucky, where I’m taking a quick breather from the restaurant world and am off to tour AppHarvest’s high-tech greenhouse. But first, a few quick thoughts on the recent Yum!…
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While the UK, France and Germany have hotbeds of startup activity in the ghost kitchen and virtual restaurant space over the past couple years, Sweden and the bustling Stockholm innovation ecosystem has been relatively quiet when it comes to new restaurant tech startups. A new ghost kitchen startup called KitchenGrowth hopes to change that. The…
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Yum! Brands has begun the process of acquiring Dragontail Systems, the two companies announced today. Under the agreement, the Louisville, Kentucky-based Yum! will pay $93.5 million in cash for all the share capital of Dragontail, which is publicly traded on the Australian Securities Exchange. Dragontail Systems had raised $8.8 million in funding. If successfully completed,…
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Workforce management platform 7Shifts announced this week it has raised a $21.5 million Series B round. Enlightened Hospitality Investments, the growth equity fund affiliated with Danny Meyer’s Union Square Hospitality Group, led the round. Existing investors Ten Coves Capital, Relay Ventures, and Conexus Ventures also participated in the round. Saskatoon, Canada-based 7Shifts said it will…
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Payments company Square recently made its restaurant software stack a little more versatile when it launched its Square KDS back-of-house display system as a standalone item available via subscription. The company says doing so will make Square KDS available to restaurant and kitchen operations that don’t necessarily have a POS system, or even a front…
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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. Setting aside scalability, price parity, and regulatory approvals for a moment, one of the major challenges for cultivated meat makers will be getting people to actually buy their products en masse and on…
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Corporate product development investor and incubator Wavemaker Labs is adding Nommi, an “automated delivery kitchen” robot to its portfolio. Wavemaker CFO Kevin Morris shared the previously unknown endeavor during a presentation at our ArticulATE food robotics summit yesterday. Morris didn’t reveal much about Nommi other than an early rendering of a robotic kiosk and that…
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Bitcoin Pizza Day is coming up, which makes it an apt time to launch a bitcoin-themed virtual pizza restaurant. Anthony Pompliano, an entrepreneur and investor, announced today he is launching Bitcoin Pizza, a pop-up restaurant brand that will partner with independent pizza shops to deliver pies from May 22–29. (May 22 is the official Bitcoin…
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