Restaurant technology provider Olo is reportedly undergoing a strategic reorganization that includes laying off 81 employees, or 11% of its workforce, as part of its efforts to streamline the company’s operations. CEO Noah Glass announced […]
Restaurant365, a leading restaurant enterprise management software provider, has secured $135 million in a funding round co-led by investment firms KKR and L Catterton. This funding round also includes participation from existing investors such as […]
Restaurant technology solution provider Incentivio has closed $10 million in Series A Funding. Osage Venture Partners led the round with participation from Ardent Venture Partners and Grotech Ventures. Incentivio, which bills itself as an “all-in-one intelligent […]
Odeko, a New York-based online distributor for local coffee shops, has raised $53 million in a recent Series D round of funding. The round was led by existing investor B Capital with contributions from GGV […]
Lab-grown meat is on the cusp of becoming a major milestone in the United States. The U.S. Food and Drug Administration (FDA) has cleared two American producers of lab-grown meat to bring their products to […]
Robotic delivery services have been a growing trend in recent years. Kiwibot is one such company that has been making significant strides in the industry. Now Kiwibot has reportedly secured a $10 million financing partnership […]
Pudu Robotics, a leading restaurant service robotics manufacturer based in China, has successfully completed a Series C3 financing round, raising more than $15 million. The financing round was exclusively invested by Puhua Capital, while Taihecap […]
Restaurant technology solution provider Toast, which bills itself as the all-in-one digital technology platform built for restaurants and has established itself in recent years as a leader in restaurant management and POS systems, has acquired […]
Chowly, a restaurant technology provider that links third-party delivery marketplaces with point-of-sale systems, has acquired Koala, a guest experience platform designed to enhance the digital ordering experience of restaurants. The terms of the deal were […]
Notch, a technology solution provider to the $390 billion wholesale foodservice industry, has secured a $10 million funding round led by Portage with participation from Golden Ventures, Math Ventures, Accomplice, Pre-Cursor Ventures, Garage Capital and […]
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