Miso Robotics is bringing artificial intelligence to restaurants – CNBC

Posted: July 5, 2017 at 9:16 am

Miso Robotics recently raised $3.1 million in a funding round led by patent services firm Acacia Research, a relatively new fund called Match Robotics VC, and earlier investors including the restaurant chain CaliBurger.

The company will use the capital to produce its first commercial Flippy units. It expects to roll Flippy out, starting at the Los Angeles CaliBurger, in the first quarter of 2018, Zito said. Along with its investment, Acacia will provide the start-up with patent and intellectual property-related services, helping Miso Robotics prepare for global expansion.

"I see robotics in the kitchen as kind of an extension of going from the open flame to the oven," said Rob Stewart, Acacia's president, in an interview. "It's next-level efficiency,"

What does this mean for the industry's 2.3 million cooks?

"Like the electronic spreadsheet did for accountants, this will cause the jobs to go elsewhere," Stewart said. "But there will be new hospitality and culinary jobs we have yet to imagine. And those will be jobs where people will get paid a higher wage, and where they'll want to stay long-term."

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Miso Robotics is bringing artificial intelligence to restaurants - CNBC

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