Food Tech Funding Round

GoodBytz Secures €12M for Robotic Kitchen Assistants

Key Takeaways

  1. GoodBytz has raised €12 million in a Series A investment round led by Oyster Bay and the Block Group.
  2. The startup offers Robotic Kitchen Assistants that serve high-quality and healthy food quickly.
  3. GoodBytz aims to produce over 100 Robotic Kitchen Assistants by 2025 and has plans for international expansion.
  4. The Robotic Kitchen Assistants offer a customizable menu, requiring no programming skills from the user.
  5. GoodBytz plans to grow its team to 90 employees by the end of 2024 and open a flagship store in Hamburg in early 2024.

GoodBytz, a German foodtech startup, has secured €12 million in a Series A investment round. Oyster Bay and the Hamburg-based Block Group led the round. The startup specializes in developing robotic kitchens that enable professional chefs to amplify and reproduce their capabilities.

Investment Details

Both Oyster Bay and the Block Group are investing in GoodBytz despite the challenging economic situation in Germany. Christoph Miller, the founding partner of Oyster Bay, stated that the potential of robotics in professional kitchens is enormous. Stephan von Bülow, CEO of the Block Group, also praised GoodBytz’s intelligent and forward-thinking solution for preparing dishes quickly and reliably using fresh ingredients.

Product Offering

GoodBytz offers Robotic Kitchen Assistants that serve high-quality and healthy food quickly. These robotic assistants rank among the top 15 percent of Germany’s most popular Lieferando restaurants. The assistants allow customers to configure their desired dishes via touchscreen and customize them anytime, requiring no programming skills.

Future Plans

Hendrik Susemihl, CEO of GoodBytz, outlined the startup’s plans, stating that they aim to produce over 100 Robotic Kitchen Assistants by 2025. International expansion is also on the agenda for next year. The startup plans to grow its team to 60 employees by 2023 and 90 employees by 2024, with a particular demand for engineers. Additionally, a flagship store is planned to open in Hamburg in early 2024.

Image provided by GoodBytz

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