🚨 Investment Opportunity🚨
As a Daily Dropout reader, you are invited to invest in this week's startup.
💰 BONUS: The first investor will receive an extra $100 from Daily Dropout to subsidize their investment. Email us a screenshot of your investment and we’ll wire.
Food delivery is mostly automated, but why not food preparation? This week's drop automates one of the most expensive parts of running restaurants: the kitchen.
⚾ The Elevator Pitch:
Restaurants have seen tremendous growth in the last decade yet, restaurant cooking has remained the same. Miso Robotics is here to change that.
Miso Robotics builds smart “automation” for professional kitchens that can flip burgers, pour beverages, and serve food. Their products are currently used by QSRs (quick-service restaurants) like White Castle.
Miso has a few obvious benefits: It can work a fryer or grill, is fully wash-down compatible, works with kitchen staff, has 100k hours of up-time, and cooks consistently - every time.
👇 The Drop Down
Site: https://misorobotics.com/
Founded: 2016
Trend: Robotics, Restaurant Tech
Traction: 175,000+ pounds of food fried, 10+ patents filed, partnerships with White Castle, LA Dodgers, and more; have already raised almost $30M through crowdfunding and currently raising a Series D
Team - Experienced Executives, Operators, and Mechanical Engineers
Michael Bell - CEO
Chris Kruger - CTO
Rob Anderson - Head of Mechanical Engineering
🔍 Why we like it
- 🦾 Robots have advanced, Kitchens have not. Let’s collab?
Even though robots have been around since the 1960s, it’s not until very recently where there’s been an uptick in robotic sales. The proliferation of technology like computer vision and AI has allowed robots to do much more complicated tasks like classifying items, complex maneuvers, and more. Kitchens are now able to leverage these advancements to do everything from flipping burger patties to pouring and serving drinks — all as precisely and more effectively than an actual human. - 🥘 A searing market
The restaurant industry has seen a 19x growth in revenue processed in the last 10 years alone. While labor is limited, capital is not. Miso Robotics is providing restaurant chains the resources they need to keep overhead low. - 🎉 Strong traction, but needs fast execution
This company is growing, and it’s growing fast. Since their series A, they have already scaled to national chains. We’re curious to see how Miso rises to the challenge of having a robot in every restaurant in America. Even with so much progress, they still have ways before every chef de cuisine (head chef) is Flippy (Miso’s endearingly named robot). - You’ve read about them. Are you ready to invest?
- Invest in Miso Robotics
- Miso Robotics aims to use funds from their Series D fundraise to jet fuel their business and go international. Miso has already established partnerships with corporations like Lancer Worldwide, but additional capital will allow them the resources needed to make even more of these beneficial worldwide partnerships.
🤝 Get involved with Miso Robotics
- Invest in Miso Robotics today
- Check out their website
- They are hiring across the board. Join them here
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