HomeLifestyleFood & HospitalityRoboBurger raises capital in $10M funding round by Promethean Investments

RoboBurger raises capital in $10M funding round by Promethean Investments

RoboBurger Inc., the maker of the world’s first fully autonomous robotic burger chef in a box, which grills, toasts, adds condiments and assembles a fresh burger, recently announced it opened its Seed 2 round of funding in partnership with Promethean Investments LLP, a private equity firm headquartered in London.

The $10 million in funding will allow RoboBurger to grow and scale up production of its RoboBurger Mark 2 units to keep up with consumer demand.

“We have received an overwhelming amount of interest from around the world. This new round of funding will allow us to rapidly scale up and keep up with the incredible demand as we continue to roll out RoboBurger units across the U.S.,” Audley Wilson, the CEO of RoboBurger, stated.

RoboBurger was launched in 2019 by friends Wilson and Dan Braido, who built an initial prototype in Wilson’s dad’s garage and have honed it over the years into a 12-square-foot box that can produce a freshly cooked burger in about four minutes.

Now with its headquarters in Newark, RoboBurger is on a mission to bring investments and create local tech jobs to help the community grow from within.

Promethean believes Roboburger and its focus on automation and robotics are the solution to deal with the labor availability and cost, as well as inflation challenges being experienced in hospitality and food production today.

The company is in the midst of launching its second-generation units in Pilot Flying J — Newark, one of the largest urban truck rest stop chains, a university in Queens, New York, and the Port Authority Bus Terminal in Manhattan.

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