Miso Robotics, designer of he Flippy burger-flipping kitchen robot, has extended its series C funding round after it broke records on crowdfunding platform SeedInvest.
Launched in April 2020, the crowdfunding campaign reached $17 million by the close in November 2020, becoming the highest-grossing technology deal ever featured on the platform.
The raise also marked the highest investment ever achieved in a single day on SeedInvest.
Following a record-breaking year, Miso Robotics will now expand its series C round into 2021, with an end goal of reaching $30 million in funding.
The Flippy robot technology is the world’s first autonomous kitchen assistant capable of grilling and frying.
Capable of optimizing kitchen space via an overhead sliding rail, Flippy serves as a multi-station chef with a zero footprint that minimizes exposure to human contaminants throughout the low-touch cooking process.
“2020 was a big year for us, it’s almost unbelievable the volume of interest we attracted from operators and new investors,” said Buck Jordan, co-founder, president and chairman of Miso Robotics. “We have an incredible team assembled and we are ready to keep the momentum going in 2021 with the expansion of our Series C.
“The future is bright for us and our only real challenge right now is building fast enough. The whole industry is at our door – and with an expanded round, we’ll move even faster to meet demand.”
Miso even signed a deal with fast food chain White Castle in 2020. Read more below: