Zume Pizza Raises $375 Million From SoftBank, Other Firms on the Verge of Investing Too

The automated pizza delivery restaurant Zume has raised an additional $375 million from SoftBank, according to a recent report from "The WallStreet Journal."

“We’ve recently closed a round of funding to support our growth and hiring,” said Alex Garden, Zume CEO and co-founder in a statement.

Zume Pizza is a Silicon Valley-based company that is store-less and has a team of six different robots that assist in making the pizzas.

Zume also has delivery vehicles equipped with pizza ovens, so pizzas are ready for fast delivery.

But delivering fresh pizza isn't the company's only focus, Zume owns a patent for these delivery trucks and is considering licensing this technology to other restaurants looking to use trucks similar to those in Zume's fleet

“Pizza was our prototype,” said Garden to "TechCrunch" in April. “There’s no reason why this technology wouldn’t work for any restaurant or any food category. Any restaurant who wants to adopt our system can now easily do that. They don’t have to be experts in technology or appliance manufacturing. They can just be restaurateurs, who have a more flexible offering for customers.”

Evidently, the company's automation technology is especially attractive to investors because "The WSJ" also said that another firm is looking to invest another $375 million.

Prior to this recent investment, Zume already raised $70 million.

Do you think that this tech-focused pizza brand will take off with this massive investment?

Read more about the funding announcement and what the future holds for Zume at "TechCrunch."

We recently took a closer look at automation in the pizza industry. Watch the video below to see how Zume deploys its team of robots to make its pizzas.

Bar Technology Solves for Over Pouring and Keeping Up With Consumer Trends

Managing a successful bar may look easy, but there really is more to it than pouring drinks. The pressure isn’t just on the cocktail selections and beer list either. You need to factor in the latest trends to stay relevant and frequented. Social media and technology can make or break a business, so Foodable researched some of the latest bar technology to help keep you afloat.

Ultrasound Technology

While it sounds like something that belongs in a doctor’s office, it’s actually the newest way to prevent your bartenders from over pouring liquor. Products like pourers and stoppers that can compute the amount of alcohol consumed. Not only will you prevent over pouring, you’ll have better visibility for when it’s time to restock.

Self-Pour Technology

According to PourMyBeer, giving away free samples, along with over pouring can cost your bar about $142 of profit loss for each tapped keg. The use of a self-pour machine can help decrease profit loss by charging guests by every ounce poured, whether tasting a few varieties or enjoying  a pint.

Automation/ Robotic Bartenders

Pizza companies aren’t the only ones who are seeing the addition of robots to their staff. If your bar is struggling to keep up with wait time, or trying to attract Gen Z and Millennials, robot bartenders might be something worth to consider.

Virtual Reality

According to SuperDataResearch, virtual reality is projected to reach 37.7 billion USD in revenue by 2020. It may be a foreign concept for a bar, but is certainly a great way to entertain guests.

To learn more about the use of technology in bars and what companies are creating the latest innovations watch the video above.

Artificial Intelligence Is Primed To Drive Economic Growth In Food Service

In this episode of The Takeout Delivery and Catering Show, Valerie and Erle talk with Ted Cohn, Co-Founder, and CTO at Orderscape Inc, to talk about AI in food service. AI is predicted to be a major player in economic growth over the next decade in food service.

“56 percent of consumers today are ready to order meals using voice…” Says Cohn.

In today’s ever-changing technological landscape it is important to be on top of where the technology is today and where it will be in the future. Your customers are adopting faster than you are and you do not want to be playing catch-up.

SHOW NOTES

  • 01:49 - Why is it important for operators to get out in-front of this technology?

  • 04:57 - Ted Cohn, Co-Founder, and CTO at Orderscape Inc, welcome to the show!

  • 07:28 - Why is voice so important right now?

  • 13:48 - How does this impact operators?

  • 17:33 - How will A.I. drive economic growth?

  • 24:49 - Can A.I. learn your customer?

  • 26:35 - Tell us about some of the success stories.


Automation, the Latest Pizza Technology Alleviating Labor

Robots in the kitchen, sounds like a dream right? Well, 2018 brings the dawn of a new era in the foodservice industry, automation.

Automation, as defined by Techopedia, is the creation of technology and its application in order to control and monitor the production and delivery of various goods and services.

One particular area that’s booming for foodservice automation, is pizza.

Graphic Created by:  Rachel Brill

Graphic Created by: Rachel Brill

Startups like Silicon Valley-based Zume Pizza was founded in 2015 with the idea of cutting out laborious work for its employees, allowing them to move into more creative roles. The pizza startup has a total of six robots in its line of production to alleviate repetitive work.

Up and coming pizza restaurants aren’t the only ones adding robots to their concepts. A Pizza Hut branch located in South Korea has introduced a robot waiter, Dilly Plate. The addition to the restaurant is an effort to lessen staff pressures.

This boom in pizza technology is not the end. According to Technavio, the market for robots in the foodservice industry will experience a 29% compound annual growth rate from 2015 through 2019.

However, it may pose a threat to restaurant employees. A 2017 report from Cornerstone Capital Group states, between 6 million and 7.5 million U.S. jobs are at risk “in the coming years” due to automation, but Zume Pizza CEO Alex Garden doesn’t see it that way.

“For the first time in 20 years, we have more job openings than jobless people. We have to solve that problem,” Garden said. “When we automate a dangerous, repetitive task, we don’t get rid of that person. We train them and promote them and allow them to do more meaningful work.”

To learn more about how automation is impacting pizza restaurants, be sure to watch the video above an read more at Forbes.

Bauscher Hepp Introduces the Smart Plate

Bauscher Hepp Introduces the Smart Plate

Bauscher Hepp is taking automation to a whole new level.

The glassware distributor has paired Radio Frequency Identification (RFID) technology with plates, to automate the payment process for diners. 

The Smart Plate has a transponder equipped with the Payment by Intelligent Solutions system, or the PABIS chip that can read what type of menu item is in the plate. 

Here's how this technology works--

"In a serving line, a plate is handed to a guest, and in the process, the plate is passed over a chip reader. At this point, the transponder chip is encoded, meaning the plate then "knows" the meal item and its corresponding price," writes Bauscher Hepp. "In a self-serve line, the information about the menu item and the price is transmitted to the transponder chip as soon as the guest grabs the plate. At the end of the line, guests place food trays onto the counter next to the register, which is also equipped with a chip reader. The information saved on the various transponder chips is automatically transmitted to the payment system, and the total price is displayed." 

Read More