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Germany's Goodbytz Raises €12M To Combat Skills Shortage With Robotic Kitchen Assistants

Oct 27, 2023about 2 years ago

Amount Raised

€12 Million

HamburgHospitalityFood And Beverage

Investors

Block GroupOyster Bay

Description

German foodtech startup Goodbytz has raised a €12 million Series A funding round to take its robotic kitchen assistants across borders as an international expansion is on the cards in the future

Company Information

Company

GoodBytz

Location

Hamburg, Hamburg, Germany

About

THE ART OF COOKING POWERED BY ROBOTS GoodBytz develops robotic kitchens which enable professional chefs to effortlessly amplify and reproduce their capabilities. We believe that giving food creators around the globe access to robotics, AI and data will lead society towards a more sustainable production and preparation of food. Our robotic kitchens fundamentally change how the hospitality industry operates and lead to a democratization of high quality, sustainable and delicious food. As a result, consumers will experience creative and novel hospitality and culinary concepts everywhere.

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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