Picnic™ Raises $16.3 Million To Accelerate Growth And Adds Several New Strategic Partners
Amount Raised
$16.3 Million
Description
Seattle-based PicnicTM (www.hellopicnic.com), an innovator in automated, robotic food assembly, announced today that, it has raised a $16.3 million Series A financing. The new round was led by the venture capital group Thursday Ventures (thursday.vc), who was joined by other investors including existing investors Creative Ventures (creativeventures.vc), Flying Fish Partners (flyingfish.vc), and Vulcan Capital (capital.vulcan.com). Picnic also announced new strategic partnerships with important companies in the food service industry; Orion Land Mark (OLM) (www.lmpinc.com; www.orionfoods.com), Ethan Stowell Restaurants (www.ethanstowellrestaurants.com), National Service Cooperative (www.nationalservicecoop.com), and Baseline Hardware Financing (www.hardwarefinancing.com).