Tech Company Financing Transactions
Botinkit Funding Round
Botinkit closed a $13 million Series A funding round on 7/20/2023. Investors included Forebright Capital, 5Y Capital and Brizan Venture.
Transaction Overview
Company Name
Announced On
7/20/2023
Transaction Type
Venture Equity
Amount
$13,000,000
Round
Series A
Investors
Proceeds Purpose
Botinkit claims, helps cut ingredient loss by 30% and energy by 40% when compared to commercial gas stoves. But another key selling point of its robots is their ability to facilitate restaurants' cross-regional expansion, Chen said in an interview with TechCrunch.
Company Information
Company Status
Private & Independent
Industry
Robotics
Mailing Address
Floor 26A, Zimao Center, 111 Prince Road Nanshan District
Shenzhen, Guangdong, Undisclosed
CN
Shenzhen, Guangdong, Undisclosed
CN
Phone
Website
Email Address
Overview
We envision a world where chefs are freed from repetitive tasks and empowered to focus on creativity and innovation. As most of us own smartphones, we believe that smart kitchens are the future. Our mission is to make fine-dining cuisine accessible to everyone by leveraging the power of robotics, cloud technology, and AI.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Rui Chen
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We do our best to report on every notable VC transaction. VC investment data records on this site are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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