Miso Robotics Delivers AI to the
September 13, 2017
Miso Robotics has secured $3.1
million in funding from Acacia Research, Match Robotics VC, and
undisclosed strategic investors. Miso will use the funding to deliver 'Flippy,'
its first commercial product, an adaptable AI-driven robotic kitchen
assistant that will work alongside kitchen staff to improve operational
efficiency for the restaurant industry. The first installation of Flippy
will be in CaliBurger's Los Angeles area location. The investment in
Miso represents Acacia's second investment in companies seeking to
transform the marketplace through Artificial Intelligence.
Miso also has entered into an IP services agreement with Acacia Research
to drive AI-based solutions for the entire restaurant industry.
"Acacia's expertise in intellectual property and its leadership in the
emerging AI space will help Miso achieve our vision of bringing
innovative technology to the often-overlooked restaurant industry," said
David Zito, co-founder and CEO of Miso Robotics.
Zito continued, "Miso is transforming the restaurant industry and we
will continue to grow our team of roboticists and AI experts, deepening
our collaborative ties with the Caltech community and deliver our
adaptable AI-solutions for our first restaurant customers. We are
excited about the impact Miso's AI-based solutions will have for the
Research President Rob Stewart commented, "We're impressed with Miso' s
talented team of industry veterans and their category-leading AI
technology that makes them well positioned to take advantage of the
considerable market opportunity in the restaurant industry."
Miso Robotics received worldwide attention following the debut of its
AI-driven robotic kitchen assistant that will work alongside kitchen
staff to grill burgers, starting with CaliBurger restaurants. While
artificial intelligence is being successfully tested and employed to
drive cars, manage the home and message with customers, Miso Robotics is
bringing robotics and AI into the kitchen in a meaningful way.
Miso Robotics plans to roll out its AI-driven robotic kitchen assistant
in early 2018 and expand to more than 50 CaliBurger restaurants
worldwide by the end of 2019.