Restaurant technology solution provider Toast, Inc. recently disclosed its financial results for the fourth quarter and the full year of 2023. Despite a net loss of $36 million in the fourth quarter, the company demonstrated […]
The National Restaurant Association Restaurant, Hotel-Motel Show®, the epicenter of foodservice innovation and a showcase of emerging industry trends, is pleased to announce the 25 recipients of the 2024 Kitchen Innovations (KI) Awards. Since 2005, the […]
Presto Automation, a provider of AI and automation technology for the restaurant industry, has announced the completion of a financing round, securing $6.0 million through the sale of convertible subordinated notes. This financing was led […]
Hooters of America, LLC, the franchisor behind the iconic Hooters and Hoots Wings brands, has selected PAR Brink POS and PAR Data Central from ParTech, Inc. (PAR), a global restaurant technology company and provider of unified commerce solutions […]
The restaurant industry is currently facing some simultaneous challenges. For instance, restaurant brands must: Stand out from the (stiff) competition. Today’s restaurants face increased competition, not just from other brick-and-mortar establishments but also from non-traditional […]
The restaurant sector is witnessing a paradigm shift with the advent of robotics, revolutionizing not only kitchen operations but also redefining the dining experience. This transformative trend is exemplified by three independent restaurants that recently […]
Owner.com, a digital tool provider for independent restaurants, has raised $33 million in a Series B funding round. The company, founded in 2020, reportedly plans to use the funding to expand its team of engineers […]
Panda Express, the largest Asian dining concept in the United States, is expanding its partnership with GridPoint, a leading cleantech company that decarbonizes commercial buildings and accelerates the transition to a sustainable energy future. With […]
GoTab’s new Phone Only POS (POP) fits in every pocket because it is just a phone (any phone, in fact) without the need for a card reader. Benefits include days of battery life, a beautiful […]
Aniai, a robotics company specializing in kitchen solutions, has successfully raised $12 million in a pre-Series A funding round. The round was led by InterVest, a prominent venture capital firm in South Korea, and included […]
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