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Miso Robotics

Restaurant Industry Robotics
Segments:
Pizza and burger preparation, Beverage preparation
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Product stage:
Early
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Miso Robotics offers a range of kitchen automation solutions and a software platform that powers its robots (the latter as a standalone service). The company’s latest product line includes second-generation burger-flipping robot “Flippy 2,” high-volume chicken-wing-frying robot “Flippy Wings,” frying and seasoning robot “Flippy Lite,” beverage-dispensing robot “Sippy,” and its cooking platform “CookRight.”

- Flippy 2 (introduced in November 2021) can load, fry, and place the items in a hot holding area without assistance and can handle up to 60 baskets per hour—a 30% increase compared to its original version. This is the latest version of the original Flippy introduced in 2018, which had a price tag of USD 60,000 and was later reduced to USD 30,000 with the introduction of the upgraded Flippy ROAR (robot on a rail) that places the Flippy robot arm on an inverted rail, enabling it to move along a line of kitchen equipment.

- Flippy Wings ( introduced in October 2021) is a robotic chicken wing frying solution. It identifies the food using AI vision technology, and can pick it up, cook, and drop the food into a hot holding area. The company reports that the robot increases food production speeds by 10%–20%. Both the models are equipped with its “AutoBin” system—an array of customizable food-safe bins into which the food is dropped to be cooked.

- Flippy Lite (introduced in March 2022) focuses on a single product that needs seasoning and finishing.

- Sippy (announced in June 2021) is a beverage dispensing robot developed in partnership with beverage dispensers manufacturer Lancer Worldwide and is equipped with a fully-automated conveyor system that moves cups along the Sippy unit to dispense drinks. Sippy directly integrates with a point-of-sale system, which triggers the beverage-making process including selecting the appropriate sized cup and pouring and sealing the drink while ensuring appropriate delivery of orders.

- CookRight (launched in May 2021) is an AI and machine learning-driven cooking platform that includes a user interface tablet, two cameras, and a small computer. CookRight focuses on grill-based cooking and is capable of tracking food items on a grill for precision-level cooking and sends alerts to kitchen staff when an action is needed. The platform is also capable of managing the food serving workflow to ensure freshness and correct assembly of orders. Miso Robotics also launched “CookRight Coffee,” a coffee monitoring system powered by the platform in April 2022.

As of April 2022, the company had commercialized its Flippy 2 robots, while Flippy Wings, Flippy Lite, and Sippy were available for reservation. Its products are available on a robotics-as-a-service (RaaS) basis—Flippy and Flippy 2 Wings are offered to customers starting at USD 3,000 per month (fees related to other products were not made available as of April 2022). The CookRight platform is offered as a standalone software-as-a-service (SaaS) offering for restaurants at a monthly subscription of USD 100.

Key customers and partnerships

Miso Robotics’ partners to deploy its various robotic offerings include White Castle, CaliBurger, Dodger Stadium in Los Angeles, Chase Field in Phoenix, Brooklyn Dumpling Shop , Chipotle Mexican Grill restaurants (a customized version dubbed “Chippy” to cook tortilla chips), Inspire Brands-owned Buffalo Wild Wings and Alliance Kitchen, Panera Bread, Jack in the Box, Wing Zone,   Americana Restaurants, and Wings and Rings. In December 2023 , Miso Robotics partnered with restaurant technology company Cali Group and PopID, a developer of identity verification solutions, to launch an automated restaurant named CaliExpress in Pasadena, California.

The company also has a June 2022 partnership with Amazon Web Services (AWS) to test its software powering Flippy 2 and Flippy Lite at scale, using AWS RoboMaker, a cloud-based simulation service.

Funding and Financials

Miso Robotics reported revenues of USD 253,000 during the year ended December 2020 (up 153% YoY) but has yet to reach profitability. The company opened its Series E funding round in February 2022, aiming to raise USD 40 million at a valuation of USD 500 million. The round, having raised USD 20+ million, was extended in August 2022 to scale up its commercial manufacturing and international operations. In May 2023 , Miso Robotics received a multi-million dollar investment from Ecolab, a global provider of water, hygiene, and energy technologies. The company intends to utilize the funds to support operational growth and innovation. 

Restaurant Industry Robotics

Restaurant Industry Robotics

Key stats
Featured companies
51
Total funding (USD)
877.2 Mn
Total addressable market (USD)
13.9 Bn
Key competitors
 
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EDGE Insights

EDGE100: The rising startups at the forefront of innovation
Mike Bell, CEO of Miso Robotics, on automating across the value chain of fast casual food
Restaurant Robotics July Update - Development and scale in focus

Recent Updates

Partnerships
Dec 11, 2023
Miso Robotics launches automated restaurant in partnership with Cali Group and PopID
Restaurant Industry Robotics
Partnerships
Nov 1, 2023
Monthly News Summary (October 2023)
Restaurant Industry Robotics
Funding
Partnerships
Product updates
May 17, 2023
Miso Robotics receives a multi-million dollar investment from Ecolab
Restaurant Industry Robotics
Geographic expansion
Nov 17, 2022
Miso Robotics introduces Flippy 2 to UK market
Restaurant Industry Robotics
Funding
Aug 13, 2022
Miso Robotics extends Series E funding round
Restaurant Industry Robotics
Partnerships
Jul 12, 2022
Miso Robotics partners with Wings and Rings to pilot “Flippy 2” robots
Restaurant Industry Robotics

Company Brief


HQ location:
561 East Green Street Pasadena CA USA
Founded year:
2016
Employees:
101-250
Total Funding:
USD 96.9 million
Last Funding
USD 551.4 thousand, Sep 2023

Funding


Investors


No investor data is available

Funding data are powered by Crunchbase
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