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.