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INDUSTRY FIRST

Botrista raised $120 million in a Series C funding led by Jollibee Foods to expand its automated beverage system for the food service industry.

Jul 15, 2024•about 1 year ago

Amount Raised

$120 Million

Round Type

series c

United States

Investors

Jollibee Foods Corp

Description

Botrista, a maker of an automated beverage system, has closed a major $120 million Series C funding round led by Jollibee Foods Corp, a global restaurant conglomerate. The funding will be used to meet strong demand for its technology as well as invest in artificial intelligence to help its customers create data-driven beverage menus.

Company Information

Company

Botrista

Location

United States

About

Founded by former Tesla engineer Sean Hsu, the company will be using the funding to expand the robot’s footprint across the U.S. on the heels of some pandemic-related transformations to the food service industry. The company’s premier product is the simply named Drinkbot (Botrista, it seems, is enough pun name to go around).

Company News

(10 articles)
Tue, 18 Feb 2025 08:00:00 GMT

Jollibee Partners with Botrista to Launch Signature Sips Nationwide - PR Newswire

Thu, 07 Nov 2024 19:30:57 GMT

Boba is big business: Here’s how to start sipping - FoodService Director

Mon, 22 Jul 2024 07:00:00 GMT

Botrista Secures $120 Million in Series C - The SaaS News

Wed, 17 Jul 2024 07:00:00 GMT

Botrista secures Series C funding to enhance AI beverage platform - Yahoo Finance

Fri, 12 Apr 2024 07:00:00 GMT

Botrista Integrating with AI-Powered Applications to Capture the Trending Beverages for Foodservice operators, Backed by Data from Millions of Cups Sold Across 34 States - Nation’s Restaurant News

Wed, 03 Apr 2024 07:00:00 GMT

Yoshinoya and Botrista Meet Customer Demand for Boba Tea with New Offerings - WorldTeaNews

Sun, 27 Sep 2020 07:00:00 GMT

Botrista Technology develops DrinkBot beverage robots as a service - The Robot Report

Tue, 16 Jul 2024 07:00:00 GMT

Botrista Reaches $120 Million in Funding with New Round Led by Jollibee - Daily Coffee News by Roast Magazine

Tue, 16 Jul 2024 07:00:00 GMT

Botrista Reaches $120 Million in Total Fundraising, Enhances Beverage AI Tools - PR Newswire

Sat, 11 Mar 2023 08:00:00 GMT

Automated Craft Beverage Company Receives Expanded Backing from Restaurant Industry Leaders and Investors - PR.com

FundzWatch™ Score

82
Medium Activity

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech