GrubMarket, a private food technology company, has secured $50 million in Series G funding, bringing its valuation to over $3.5 billion. While the company has seen steady growth, this investment highlights its increasing focus on […]
Boostly, a provider of automated SMS marketing and feedback solutions for restaurants, has raised $22 million in growth capital. The funding round was led by PeakSpan Capital, with participation from existing investors Y Combinator, Trestle […]
LG Electronics has bolstered its robotics division by acquiring a controlling 51% stake in Bear Robotics, a Silicon Valley-based startup renowned for its Servi food service robot. This acquisition builds upon LG’s initial strategic investment […]
Presto Automation, a leading innovator in foodservice artificial intelligence, has entered a new phase after selling its assets to a venture capital group led by Remus Capital. The transaction, completed in December, includes an $18 […]
Deliverect, a global food tech SaaS company, has acquired Tabesto, a provider of all-in-one ordering and payment kiosks for restaurants and fast-food establishments. This strategic move expands Deliverect’s offerings beyond online order management and into […]
Fresho, an order management platform serving the fresh food wholesale industry, has secured $17 million in Series B funding, bringing its total funding to $50 million. This investment highlights the growing interest in technology solutions […]
Botinkit, a Shenzhen-based robotics company, has unveiled its AI-powered cooking robot, Omni. The company, co-founded in 2021 by Shirley Chen, secured $13 million in Series A funding in July 2023. The investment has fueled the […]
Wonder, a relatively new entrant in the food delivery space, has made a bold move by acquiring Grubhub, a long-standing and established player in the industry. The acquisition, valued at $650 million, comprises $500 million […]
Paytronix Systems, a leading provider of guest engagement solutions for restaurants and convenience stores, has been acquired by The Access Group, a prominent business management software company. This acquisition marks a significant development in the […]
Marqii, a digital operations platform catering to restaurants and other companies in the hospitality sector, has announced a $10 million Series B funding round. The investment was led by Next Coast Ventures, with participation from […]
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