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…is currently underway on WAX. Piestro is backed by lead investor, Wavemaker Partners, a global Venture Capital fund with $600 million AUM and Wavemaker Labs, a food automation focused venture studio. The company features a seasoned team of food and robotics expertise made up of executives and founders from Miso Robotics, Kitchen United, SBE Entertainment Group, Graze Autonomous Mowers, and…
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…coming to shorthanded commercial kitchens. Wavemaker Labs today announced the launch of Wing Zone Labs in collaboration with Wing Zone Corp., an international fast-casual brand serving made-to-order chicken wings and tenders. Wing Zone Labs plans to open 20 Wing Zone stores in Southern California, including Los Angeles, and it is aiming to raise up to $10 million in seed capital…
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…launch came two weeks after Wavemaker Labs Asia purchased the intellectual property of Hayward, Calif.-based Abundant Robotics Inc., which had shut down in July 2021. Wavemaker Labs Asia is the division of Wavemaker Labs focused on agricultural technology. Wavemaker said the acquisition of Abundant Robotics is part of its larger strategy to being intelligent automation to market and support a…
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…lead investors in Nommi are Wavemaker Partners, a global venture capital fund with $600 million in assets under management (AUM), and venture studio Wavemaker Labs. Wavemaker has incubated and launched several food robotics brands including Miso Robotics, Piestro, Bobacino, Future Acres, and Graze. “Nommi's 'secret sauce' is undoubtedly its unmatched versatility, both from a brand and consumer perspective,” said Buck…
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…and we're also working with Wavemaker to de-risk the market and chronological risk. I breathe a lot easier.” Future Acres has raised more than $1 million on SeedInvest to date, and its campaign ends on Oct. 6. Why has investment in agricultural robotics been slow until lately? “A healthy skepticism is important,” Reddy said. “Once we can demonstrate that our…
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