DoorDash has announced its acquisition of restaurant technology company SevenRooms for $1.2 billion, marking one of the largest strategic bets in the hospitality tech sector in recent years. This move signals a deliberate step by […]
Ben Leventhal, a familiar and formidable name in restaurant technology, is once again reshaping how restaurants connect with diners. The founder of Eater and Resy has secured $50 million in fresh funding for his latest […]
Chicago-based restaurant technology startup ClearCOGS has announced the successful close of a $3.8 million seed funding round. The company, founded in 2021 by Matt Wampler, a former Jimmy John’s franchisee, and Osa Osarenkhoe, a computer engineer […]
Hi Auto, an Israel-based startup pioneering AI-powered voice ordering for drive-thru restaurants, has raised $15 million in a Series A funding round led by Delek Motors, along with participation from the Zisapel Family, Vasuki Tech […]
MenuSifu, a U.S.-based restaurant technology company with a strong foothold among Asian restaurants, has announced the close of a $40 million Series B funding round. Investors in the round include Challenjers Capital, Enlight Growth Partners, […]
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 […]
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