Serve Robotics announced a new investment from chipmaker Nvidia that deepens the relationship between the two companies and helps speed up growth and development. Nvidia will invest $10 million in the company as a strategic investment. Among investments in the robotic food delivery space, it’s not massive, but it’s important for a few reasons. According to data from investment analysis firm Crunchbase, this represents the largest direct investment by Nvidia in a partner company in the last several years. The next largest is $3.5 million investment in Kore.ai, a conversational […]
Toronto-based Ghost Kitchen Brands discusses what it means to be a ghost kitchen, and explains their vision for the future.
Uber Eats is relaunching its Group Ordering with new features that allow friends, family and coworkers to split the bill.
Grubhub has severed its ties with Yandex Self-Driving Group in the wake of Russia’s invasion of Ukraine.
Branch, a workforce payments platform that allows restaurants to go cashless and enable digital tips, raised $75 million through a Series C.
Location services company Radar looks to expand dramatically in the restaurant space after a $55 million fundraise and a new partnership with restaurant logistics giant Olo. The core work of the company is building out exceptionally accurate location services and making it easy for brands and developers to utilize the services. It’s among many geolocation services, but co-founder and CEO Nick Patrick said the company is laser-focused on being “developer first.” “Where we’re really focused is ease of integration,” said Patrick. “There are a lot of other great developer first […]
Gas prices have always been a leading indicator of economic conditions. In the age of third-party delivery, record prices put a new strain on contract delivery drivers. According to AAA, prices per gallon reached $4.17, the highest price on record, eclipsing the prior record of $4.11 set in 2008. Gas prices have surged since Russia invaded Ukraine, and there’s no indication prices will moderate anytime soon. President Joe Biden announced it would bar imports of Russian oil into the U.S. as another layer of sanctions against the regime. In an […]
DoorDash is acquiring Bbot, the digital ordering, mobile payment and marketing software provider.
Starship is on a roll as the robot provider announces $100M raised in the last 30 days.
Olo has a tendency to announce new moves during the company earnings calls, and Olo’s fourth quarter and full-year 2021 earnings came with two interesting announcements. The company announced it would acquire digital integration company Omnivore and said it would launch Olo Pay this year. The earnings were solid. Olo announced it now had about 79,000 restaurants in the system, more than 500 restaurant brands and 200 technology partners. It also announced it reached 85 million consumers who made transactions on the sprawling payments and logistics platform in the last […]
