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Tech Start-Up That Uses Robots to Make Pizza Raises Nearly $50 Million
CNBC ^ | Fri, 6 Oct 2017 | Angelica LaVito

Posted on 10/07/2017 10:25:48 PM PDT by nickcarraway

Robots take on pizza Robots take on pizza at Silicon Valley startup 4:04 PM ET Tue, 14 March 2017 | 01:25 Zume Pizza, a tech start-up that uses robots to make pizza, has raised nearly $50 million.

The Mountain View, California, company has raised about $48 million, just $2 million shy of its $50 million goal, according to a filing with the Securities and Exchange Commission. Last December, it raised $23 million at a $50 million post-money valuation from a round of series A funding, according to Pitchbook.

Zume Pizza employs a mix of robots and humans to create and deliver one of America's favorite foods. Robots perform highly repetitive tasks like squirting and spreading tomato sauce and placing pizzas in ovens. Humans help with food preparation, recipe development, taste tests and work to improve their pizzas based on customer feedback, co-founder and co-CEO Julia Collins previously told CNBC.

Zume sold its first pizza on April 1, 2016. Collins hopes to service the entire Bay Area from its one main facility by the end of 2018.

Not everyone likes the idea of robots replacing people. Bodega, a start-up that creates an automated system to mimic a convenience store, received fierce backlash last month. Its founders later apologized to offended city dwellers.


TOPICS: Business/Economy; Food; Local News
KEYWORDS: pizza

1 posted on 10/07/2017 10:25:48 PM PDT by nickcarraway
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To: nickcarraway

Now the real question: Is it good pizza or does it taste like one of those three minute pizza places?


2 posted on 10/07/2017 10:31:50 PM PDT by KarlInOhio (The Whig Party died when it fled the great fight of its century. Ditto for the Republicans now.)
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To: nickcarraway

There are also pizza vending machines that make fresh pizza.

3 posted on 10/07/2017 10:32:20 PM PDT by 2ndDivisionVet (You cannot invade the mainland US. There'd be a rifle behind every blade of grass.)
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To: 2ndDivisionVet


"Oh, this is the best pizza in a cup ever. This guy is unbelievable. He ran the old Cup 'o Pizza guy out of business. People come from all over to eat this."
4 posted on 10/07/2017 10:37:21 PM PDT by dfwgator
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To: KarlInOhio

what do you think? im betting its somewhere between domino’s and delissio.


5 posted on 10/08/2017 12:06:39 AM PDT by RitchieAprile
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To: nickcarraway

Subtitle should be:
“How minimum wage accelerates job destruction”


6 posted on 10/08/2017 2:35:26 AM PDT by ReaganGeneration2
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To: nickcarraway

This is what $15 an hour minimum wage invariably brings. Any thing is better than taking on an employee who can’t possibly be worth what you are forced to pay!!!


7 posted on 10/08/2017 11:15:38 AM PDT by ontap
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To: KarlInOhio

Well I don’t know what the quality of the pizza will be but I’m pretty sure the machine won’t cop an attitude or spit on your pizza!!!


8 posted on 10/08/2017 11:17:42 AM PDT by ontap
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