Pasadena’s Miso Robotics Secures $10 Million in ‘Flippy’ Funding

Published : Thursday, February 15, 2018 | 6:28 PM

Pasadena-based Miso Robotics, which recently unveiled and successfully tested its burger-flipping kitchen assistant “Flippy,” has secured $10 million in Series B financing led by Acacia Research Corporation.

The strategic investors participating in this funding round include Levy, the industry-leading sports and entertainment hospitality company, OpenTable’s chief technology officer Joseph Essas, and founding investor Cali Group, as well as six members of Cali Group’s management team and its subsidiary company, CaliBurger.

“Flippy” first went “on duty” at a Caliburger restaurant in Pasadena last September during preliminary experiments.

A Miso Robotics press release Thursday said the company plans to use the new capital to expand its suite of collaborative, adaptable robotic kitchen assistants and to broaden applications for Miso AI, the company’s machine learning cloud platform.

“We are thrilled by the growing confidence in Miso Robotics and remain committed to fulfilling our goal of modernizing the $3 trillion global prepared foods industry,” David Zito, co-founder and CEO of Miso Robotics, said in the release. “Acacia’s patent expertise and our strategic investors will be invaluable as we continue to commercialize our cutting edge technology.”

Miso Robotics’ kitchen assistants and the Miso AI platform are designed to boost productivity and improve food quality. They should also enable restaurants and food providers to accommodate increasing customer expectations for fresher ingredients prepared quickly and consistently, while keeping the cost of food down.

“The company’s unique position as a pioneer in autonomous solutions for the commercial kitchen will not only transform the modern restaurant but also will change the way we think about how food is produced and served,” Rob Stewart, President of Acacia Research, said.

Miso Robotics also announced it has appointed three members to its advisory board. Joseph Essas, CTO of OpenTable will serve as a key restaurant technology advisor. Charless C. Fowlkes, associate professor of University of California at Irvine Department of Computer Science, and Dr. Aaron Ames, a world renowned roboticist and Bren Professor of Mechanical and Civil Engineering at Caltech, will both serve as machine learning and artificial intelligence advisors.

The company plans to officially debut “Flippy” at CaliBurger’s Pasadena location and will roll out the autonomous robotic kitchen assistant to more than 50 other CaliBurger restaurants worldwide by the end of 2019, the release said.

Miso was founded with a mission to leverage AI technology to help chefs cook food perfectly and consistently and enable restaurants to increase labor productivity, reduce costs and drive profitability while improving the overall dining experience. Miso employs a respected team of roboticists, engineers and industrial designers from Caltech, Cornell, MIT, Carnegie Mellon, Art Center College of Design and UNC Chapel Hill.

To learn more about Miso Robotics and its kitchen assistants, visit www.misorobotics.com.

 

 

 

 

 

 

 

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