Food tech startup Zume has worked tirelessly to get its food automation business off the ground. As a part of their journey, the Mountain View, California-based startup company has raised $48 million in funding in a series B round.
Co-founders Julia Collins and Alex Garden have confirmed the news about this funding round, “We’ve recently closed a round from leading investors to support our hiring and market growth.”
Currently, Zume uses robotic technology to perform the monotonous, but risky tasks of spreading pizza sauce and moving pizzas in and out of the oven. Zume is already catering to customers in the Bay Area, and most recently, in San Francisco, Collins made an appearance with a Zume truck in Disrupt. The founders say that this funding will bring the company closer to its long-time goal.
Last year, Zume raised $23 million in funding. With the latest funding round, the company’s valuation comes to $80 million. Zume has over 100 employees and procures its robotic arms from ABB, a manufacturer of industrial robots. The startup company uses predictive analytics to find out which toppings will be popular in a given area, and to determine a likely spike in demand.