Botrista raised $120 million in a Series C funding led by Jollibee Foods to expand its automated beverage system for the food service industry.
Botrista raised $120 million in a Series C funding led by Jollibee Foods to expand its automated beverage system for the food service industry.
07/15/24, 5:03 PM
Location
united statesMoney raised
$120 million
Round Type
series c
Investors
Jollibee Foods Corp
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 Info
Location
united states
Additional Info
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).