Piestro Stock

www.piestro.com/FoodTech / Other FoodTechFounded: 2017

Founded in 2017, Piestro is a Santa Monica-based company that manufactures an autonomous robotic pizza kiosk that can deliver high quality products. Users can order ahead from the kiosks, which are open 24/7 and can produce a ready-to-eat pizza in under five minutes. The robot-powered kiosks reduce food production costs associated with labor and real estate.

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Piestro does not have an official ticker symbol because this company is not currently publicly traded.
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News Highlights

Retail Investors Pour Tens Of Millions Into Food Robotics As They Make Big Bets On Future Of Fast Food
Retail investors are pouring tens of millions of dollars into food robotics companies like Miso Robotics, Blendid and Piestro as they place their bets on the future of fast food. Retail investors are increasingly investing through equity crowdfunding portals, a funding channel allowing everyday investors to invest in startups.
From delivery 'bots to burger chefs, meet the startups driving the future of foodservice robotics
The foodservice industry is increasingly turning to robotics to address labor shortages and cut costs. Foodservice robotics startups raised nearly $250 million over the last year, according to AgFunder data. While the US leads in terms of deals and deal size, Asia is catching up with players like Neubility, Wada Bento, and Nosh.
Updated on: May 21, 2024


Public news articles listed on this page have been curated by Forge based on several factors including, but not limited to, product updates, changes in organization structure, funding rounds, third-party valuations, and key personnel changes. Changes to this list of articles can be made at any time without notice and should not be relied upon for investment purposes. Forge does not verify the accuracy of the information contained in public news articles.