Picnic, a Seattle, WA-based provider of food production technology and Robotics-as-a-Service (RaaS) solutions, raised an additional $5m funding.
The round was led by Creative Ventures, joined by Flying Fish Partners and Vulcan Capital.
The company intends to use the funds for product development, staffing and marketing efforts.
Founded in 2016 and led by Clayton Wood, CEO, Picnic develops and provides specialized intelligent technology solutions for the food service and hospitality industries. Restaurants, convenient and grocery stores, university and corporate campuses, casinos, hotels, cruise lines, sports venues, catering groups, healthcare cafeterias, small kiosks, ghost kitchen operators, mobile food operations, food trucks, delivery and military sites are among the many segments poised targeted by the company’s automated food assembly platform integrating (RaaS), software, cloud and deep learning technology.
The Picnic platform will initially focus on the production of high-volume, customizable pizzas, made with any kind of ingredients, consistently and sequentially, at a rate of up to 180 18” or 300 12” pizzas per hour.
The company also added former Amazon and Microsoft hardware leader, Kennard Nielsen, to its executive team as Vice President of Engineering.
It follows, In June, Picnic had added Mike McLaughlin as Vice President of Product.
FinSMEs
20/11/2019