Robot-made pizza company raising $50 million
Zume Pizza, a store-less pizza purveyor that uses robots to bake its pies, has secured $48 million of a new VC round that could total $50 million, per an SEC filing. It had previously raised over $23 million from AME Cloud Ventures, Maveron, SignalFire, and Kortschak Investments.
New retail: Silicon Valley-based Zume is part of a growing cohort of companies using robots to automate food making and food. In this case, it utilizes big trucks outfitted with ovens and pizza-cooking robots that deliver fresh food to customers. Zume says its model helps it cut down on overhead costs like rent, and that robots can replace humans in areas where the tasks are unsafe, boring, or arduous. It has not returned a request for comment on the funding.