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3 Money Tips From a Founder Who Raised $425 Million for an Automated Pizza Business That Delivers In 5 Minutes

3 0 43
18.01.2019

So, just how much are pizza-making robots worth?

Last November, Zume Pizza co-founder and CEO Julia Collins got a pretty good estimate when SoftBank invested $375 million from its Vision Fund in her Mountain View, California-based automated pizza delivery company, valuing it at $2.25 billion. Other backers of Zume Pizza include AME Cloud Ventures, the investment firm by the co-founder and former CEO of Yahoo Jerry Yang. All told, the company has lassoed $425 million in funding so far, according to Crunchbase.

The startup uses automated machines, like a sauce-spreading robot named Marta, to make pizzas via an assembly line, slicing the pizza making process down to just one human worker to........

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