Food robotics company Chowbotics (formerly known as Casabots) announced on Thursday it has secured $5 million during its Series A funding round. Participants of the funding round were Techstars Ventures, Foundry Group, Galvanize Ventures and the Geekdom Fund.
Chowbotics, which was founded by Deepak Sekar, Ph.D., stated its uses robots to solve several problems in the food service such as compromised cleanliness and inefficiency. Its first robot, known as Sally, creates fully-customized fresh and healthy salads. Speaking about the company, David Cohen, founder and co-CEO of Techstars shared:
“Techstars helps entrepreneurs succeed, and we’ve been working with Chowbotics since their early days in the Techstars Austin accelerator. We’ve been incredibly impressed with their progress. We invested in their Seed Round and are excited to invest in their Series A.”
Jason Mendelson of The Foundry Group, also commented:
“The use of robotics in food service is an exciting new area. We believe Chowbotics is the number one company in this emerging space and are thrilled to invest in its growth.”
Chowbotics previously raised $1.3 million in seed funding from the Central Texas Angel Network, Techstars Ventures, Galvanize Ventures, Geekdom Fund, and v1. The company added as part of the latest funding round, Mendelson and Cohen will join its’ Board of Directors.
Have a crowdfunding offering you'd like to share? Submit an offering for consideration using our Submit a Tip form and we may share it on our site!