Machines that dispense meals at Spyce Food Co. are pictured in Boston on April 20, 2018. Photo: Jonathan Wiggs/The Boston Globe via Getty Images

Spyce, a Somerville, Mass.-based restaurant concept that features a robotic kitchen, raised $21 million in Series A funding co-led by CollabFund and Maveron.

Why it matters: Because this could be the future of fast-casual restaurants, although there are questions as to whether Spyce itself is being valued as a restaurant chain or a tech company.

  • Other investors include return backer Khosla Ventures, and chefs Thomas Keller, Jerome Bocuse, Daniel Boulud and Gavin Kaysen.

Bottom line: "The entire experience at Spyce, from start to finish, requires customers to interact with technology. Order on a touch screen, and then wait as a robot makes your Moroccan bowl. There are some human employees at Spyce — they help guide customers through the ordering process, if need be, and perform some tasks that the robots cannot, such as prepping ingredients and garnishing the finished plates." — Terrence Doyle, Eater Boston

Go deeper

2 hours ago - World

Macron visits Beirut promising a "new political pact" for Lebanon

Macron visits the hard-hit Gemmayzeh neighborhood. Photo: AFP via Getty Images

French President Emmanuel Macron walked through the blast-damaged streets of Beirut on Thursday, swarmed by people chanting for the fall of Lebanon's government and pleading for international aid.

Why it matters: Lebanon is at a breaking point. Its economy was collapsing and its government hardly functioning — all before a massive explosion destroyed swathes of the capital city, including its vital port.

2 hours ago - Sports

The PGA Championship is golf's first major in over a year

Photo: Gary Kellner/PGA of America via Getty Images

The 2020 PGA Championship tees off Thursday at San Francisco's TPC Harding Park, which is hosting its first-ever major.

Why it matters: It's the first major in more than a year — and the first of seven majors in the next 12 months. Though there won't be any fans in attendance, the excitement is palpable.

July's jobs report could be an inflection point for the coronavirus recovery

Illustration: Sarah Grillo/Axios

Even if Friday's jobs report shows a big number, it is becoming clear hiring slowed and likely even reversed course in July and real-time indicators suggest the employment situation worsened into August.

Driving the news: Payroll processor ADP's monthly jobs report showed private companies added 167,000 jobs last month, well below the 1.2 million expected by economists and far below June's 4.8 million jobs added.