Presto Automation has merged with shell company Ventoux to go public in one of the few successful SPAC deals in recent months, raising about $120 million from the public as well as a strategic investment from Cleveland Avenue and others and an infusion from...
With customer data as the holy grail in restaurants, Bikky is urging operators to use this information at a higher level than just retargeting customers. With access to more data sources than ever, the New York-based startup says restaurants should use detailed guest...
In a move that was telegraphed for more than a year, Waitr has officially become ASAP. The company announced it changed its name, embracing not just food delivery but its new “deliver anything” business model. According to a press release announcing the move, “ASAP’s...
Yum, the parent company of Pizza Hut, KFC, Taco Bell and Habit Burger, announced its second-quarter results. Overall, sales and unit growth were both up, but there were some challenges, especially when it came to delivery. According to Yum CEO David Gibbs, Pizza Hut,...
Robotic delivery bot maker Ottonomy secured $3.3 million in a second investment round and previewed its next delivery robot. CEO Ritukar Vijay said there is a major need for robotics on campuses, in parking lots and in places like airports—maybe more so than...
Virtual restaurants are going through rapid evolutions as this subset of the restaurant industry matures. By focusing on operational simplicity, Catapult Concepts offers a new method of operating sub brands that the founder says is exceptionally easy and truly...
