Found in Robotics News & Content, with a score of 18.44
August 10, 2023
…Existing investors, including Uber Technologies Inc., NVIDIA Corp., and Wavemaker Partners, led the funding. New investors Mark Tompkins and Republic Deal Room also participated. Sarfraz Maredia, vice president of delivery and head of Americas at Uber, has joined Serve’s board, effective July 31. The transaction was sponsored by Montrose Capital Partners. Network 1 Financial Securities (as consulted by Intuitive Venture Partners) and Aegis Capital Corp served as co-placement agents. In its reverse merger with Patricia Acquisition Corp., Serve became a wholly owned subsidiary. Patricia changed its name to Serve Robotics Inc. and said it will continue the historic business of…
Found in Robotics News & Content, with a score of 32.87
July 07, 2022
…traction with investors in its crowdfunding campaign, which is currently underway on WAX. Piestro is backed by lead investor, Wavemaker Partners, a global Venture Capital fund with $600 million AUM and Wavemaker Labs, a food automation focused venture studio. The company features a seasoned team of food and robotics expertise made up of executives and founders from Miso Robotics, Kitchen United, SBE Entertainment Group, Graze Autonomous Mowers, and Wolfgang Puck.
Found in Robotics News & Content, with a score of 46.68
May 10, 2022
…chicken wings, robots are coming to shorthanded commercial kitchens. Wavemaker Labs today announced the launch of Wing Zone Labs in collaboration with Wing Zone Corp., an international fast-casual brand serving made-to-order chicken wings and tenders. Wing Zone Labs plans to open 20 Wing Zone stores in Southern California, including Los Angeles, and it is aiming to raise up to $10 million in seed capital through equity crowdfunding site WAX. “At Wing Zone, we live by the motto ‘flavor really fast,’ and this partnership will help us deliver on that promise to our customers,” stated David Bloom, chief development and operating…
Found in Robotics News & Content, with a score of 54.93
February 02, 2022
…Santa Monica, Calif.-based company's launch came two weeks after Wavemaker Labs Asia purchased the intellectual property of Hayward, Calif.-based Abundant Robotics Inc., which had shut down in July 2021. Wavemaker Labs Asia is the division of Wavemaker Labs focused on agricultural technology. Wavemaker said the acquisition of Abundant Robotics is part of its larger strategy to being intelligent automation to market and support a more efficient, sustainable, and high-quality food industry, “from seed to fork.” Abundant Robots focuses on apples Apples are one of the most widely cultivated crops around the world, with a growing and resilient $79 billion market,…
Found in Robotics News & Content, with a score of 19.99
November 17, 2021
…addition to C3, the lead investors in Nommi are Wavemaker Partners, a global venture capital fund with $600 million in assets under management (AUM), and venture studio Wavemaker Labs. Wavemaker has incubated and launched several food robotics brands including Miso Robotics, Piestro, Bobacino, Future Acres, and Graze. “Nommi's 'secret sauce' is undoubtedly its unmatched versatility, both from a brand and consumer perspective,” said Buck Jordan, founder and CEO of Wavemaker Labs and co-founder and president of Nommi. “Partnering with an innovative platform like C3 adds another layer of access to numerous revenue streams and unique customers. Both companies are disrupting…
Found in Robotics News & Content, with a score of 11.98
September 29, 2021
…its flagship accelerator program, and we're also working with Wavemaker to de-risk the market and chronological risk. I breathe a lot easier.” Future Acres has raised more than $1 million on SeedInvest to date, and its campaign ends on Oct. 6. Why has investment in agricultural robotics been slow until lately? “A healthy skepticism is important,” Reddy said. “Once we can demonstrate that our technology works, we'll see an accelerated evolution in agtech unlike any we've seen in recent decades.” “From traditional agricultural investors, because of sustainability and climate concerns, their curiosity has piqued,” she added. “They need more education…
Found in Robotics News & Content, with a score of 11.81
August 24, 2021
…Coast Ventures, Oakhouse Partners, Trust Ventures, Vulcan Capital, and Wavemaker Partners. Norwest Venture Partners led ICON's $207 million Series B funding. From world-renowned architects to the country's largest homebuilders, ICON noted that its Series B investors also included 8VC, BIG-Bjarke Ingels Group, BOND, Citi, Crosstimbers, Ensemble, Fifth Wall, LENx, Moderne Ventures, and Oakhouse Partners. The latest investment brings ICON's total funding since launching its revolutionary technology to $266 million. The global market for 3D printing in construction will grow from about $10 million in 2020 to $1 billion 2028 at compound annual growth rate (CAGR) of 91.5%, predicted Grand View…
