WSJ: Restaurant Tech Company Toast Planning an IPO
Restaurant tech company Toast is planning an initial public offering, sources familiar with the matter told the Wall Street Journal over the weekend. These people suggested an IPO could value […]
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PIX Moving Raises Pre-Series A Round of Funding for Self-Driving “Skateboard” Chassis
PIX Moving, a Chinese company that makes chassis for self-driving vehicles, announced at the end of last week that it has raised a Pre-Series A round of funding. Details in […]
Report: Consumers Spent $486B on Takeout in 2020
Consumers spent $769 billion ordering food from restaurants last year, according to a new report from Paytronix and PYMTS. Takeout orders accounted for $486 billion, or 63 percent. of those […]
Hey, Restaurants. (Geo)Fence Me In
A few weeks ago, I looked at some of the top elements QSRs will need in order to stay ahead in the current craze for off-premises meal formats. “More curbside […]
Flipdish Raises €40M to Help Restaurants Process Digital Orders In House
Flipdish announced that it has raised €40 million (~$48.5 million USD) from Tiger Global Management to expand its software platform that lets restaurants create their own branded digital properties instead […]
DoorDash Acquires Salad Robot Maker Chowbotics
Third party delivery service DoorDash has acquired Chowbotics, the company behind salad-making robot Sally. Terms of the deal were not disclosed. Chowbotics had raised nearly $21 million in funding since […]
Rise of the Plant-Based QSR
This is the web version of our restaurant tech newsletter. Sign up today to get updates on the rapidly changing nature of the food tech industry. Those of us of a certain […]
Uber Eats Launches Campaign to Support Independent Restaurants
Uber today announced Eat Local, a campaign the company says will support independent restaurants financially impacted by the COVID-19 pandemic. As part of the Eat Local package, Uber will donate […]
Brightloom Raises $15M, Launches a ‘Customer Growth Platform’ to Help Restaurants With Their Data
Restaurant tech company Brightloom has launched what it’s calling a “Customer Growth Platform” (CGP). The software will enable smaller restaurants to get more valuable insights out of their customer data […]
Saudi Arabia: FOODICS Raises $20M for is Restaurant Management Platform
FOODICS, which makes restaurant management software, announced today that it has raised a $20 million Series B round of funding. The round was led by Sanabil Investments (a firm wholly […]
Back to School for Virtual Food Halls
This is the web version of our newsletter. Sign up today to get updates on the rapidly changing nature of the food tech industry. We’ve said it once (actually, a lot more […]
Wow Bao’s Virtual Restaurant Concept Will Grow to 1,000 Locations in 2021
Wow Bao’s partner kitchen program, which lets other restaurants make and serve its food products, will reach 1,100 locations by the end of 2021, up from 150 now, according to […]
