Picnic Works, a Seattle, WA-based food production automation company, raised $5M in funding.
The round was led by Cercano Management, with participation from new investor Unlock Venture Partners, as well as existing investors Thursday Ventures, Flying Fish Ventures, and Creative Ventures.
The company intends to use the funds to scale production and growth across North America.
Led by CEO Michael Bridges, Picnic Works specializes in intelligent robotic technology for the food service and hospitality industries. Its flagship product, the PPS Leonardo™, and its smaller, cost-effective counterpart, the PPS Michelangelo™, cater to high-volume, low-customization environments like university campuses, live venues, and military bases. Recent milestones include a pilot with one of the world’s largest retailers and installation in the U.S. Navy Kitsap base.
Picnic’s customer base already includes a diverse range of high-volume locations, from universities, stadiums, and big-box retailers to commissaries, pizzerias, and the U.S. military.
FinSMEs
30/10/2024