Food delivery is not the only restaurant tech category out there, but it’s been the most prominent over the last decade.
Kenya, Nigeria and Egypt cumulatively raised 86% of all funding in 2022 for African agrifoodtech startups.
UK agrifoodtech startups raised nearly $400 million across 77 deals, according to the latest data from AgFunder.
Restaurant365 aims to simplify the back office for restaurants bring businesses more granular data about the cost of their operations.
The new funding will enable TouchBistro to expand its restaurant management platform into more restaurants, North America and beyond.
Investors poured a record-breaking $15.2 billion into Asia-Pacific agrifoodtech startups in 2021; in 2022, the region continues to break records.
Some of last year’s top startups for In-Store Retail & Restaurant Tech are struggling to stay relevant in the current tech downturn.
Roughly 70% of German agrifood’s $3.3 billion in funding went to just two companies, both part of the now-struggling instant-delivery sector.
Upstream and downstream investment in Europe agrifoodtech were almost on par with one another last year, though upstream closed more deals.
Cultivate Next will invest in early-stage restaurant tech that can enhance both guest and employee experiences.
The US restaurant chain has teamed up with Miso Robotics to pilot kitchen automation solution Chippy.
While investment in eGrocery services increased substantially, especially in China, the return of foot traffic to brick and mortar retailers and restaurants saw investment double in technologies servicing them.
The Kenyan startup is hoping its inventory management app can digitalize supply chains and mitigate financing challenges for food businesses across Africa.
The Memphis, Tennessee-based startup provides a platform for restaurants which allows casual workers to log in and take customer orders remotely.
It’s taking aim at food waste by helping restaurant suppliers move expiring items more quickly.
Many employers are choosing to pay for workers’ lunches to incentivize a return to the office, according to workplace food ordering platform Sharebite.
The Singapore-based app claims to be the category leader for online food delivery, ride-hailing, and digital payments in Southeast Asia.
Singapore-based Trax was Southeast Asia’s highest-funded agrifoodtech startup in 2019, according to AgFunder data.
The San Diego-based startup is digitalizing the meal preparation business so that smaller players can streamlime operations, cut inefficiencies, and boost profits.
Freshly funded Advantir Innovations is riding the wave of interest in contactless foodtech with Swirl.GO, its smart soft-serve machine.
