Botrista Technology, a San Francisco CA-based robot-barista company, raised $10M in Series A funding.
The round, which brought total amount of capital raised to $16m, was led by Purestone Capital and La Kaffa International with participation from Sony Innovation Fund, Middleby Corporation (NASDAQ: MIDD), and PIDC.
The company intends to use the funds to further ramp up deployment operations to roll-out the DrinkBot nationally.
Led by Sean Hsu, Co-founder & CEO, Botrista provides DrinkBot, an automated craft drink solution that enables any person to make a complex beverage, including infused teas & lattes, flavored lemonades, iced coffees and more – without a full bar. In addition to the blending technology, the DrinkBot includes a cloud-based application called CloudBar with real-time data integration for multiple applications and tracking, an efficient inventory management system that offers data management capabilities to provide guidance for inventory replenishment; sales performance analysis to track menu performance; and a user-friendly tutorial video with a step-by-step guide of the drink making process, cleaning, and maintenance. Ordered from a touch screen, the DrinkBot’s blender dispenses and mixes drinks in less than 20 seconds.