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High Tech Series C Founded 2018

TechMagic

Manufacturer of automated cooking robots for food preparation and cleaning. These systems automate heating, stirring, and washing processes for various food items. The technology controls temperature, cooking duration, and mechanical movement to replicate specific culinary techniques. The equipment integrates into commercial kitchens to manage food production tasks. Founded in 2018, headquartered in Minato City,…

📍 Minato City, Japan · Professional Service Robots,

Funding snapshot

Last roundSeries C
Amount$17M
Date27 March 2024
Total raised$17M
Team size29

About

Manufacturer of automated cooking robots for food preparation and cleaning. These systems automate heating, stirring, and washing processes for various food items. The technology controls temperature, cooking duration, and mechanical movement to replicate specific culinary techniques. The equipment integrates into commercial kitchens to manage food production tasks. Founded in 2018, headquartered in Minato City, Japan. The company has raised $16.8M in funding at the series c stage. The company operates in the Professional Service Robots sector with additional focus on Smart Homes and Smart Homes. Its business model centers on Cooking Robots. Founded in 2018, headquartered in Minato City, Japan. The company has raised $16.8M at the Series C stage. Backed by investors including JAFCO Group, Fuji Mac, Oriental Land, Hachijuni Bank, Resona Group and others.

Business model

Smart Homes > Kitchen Appliances > Cooking Appliances > Cooking Robots,

Professional Service Robots > Food and Beverage > Food Preparation > Robotic Kitchen,

Consumer Electronics E-Commerce > Home Appliances > Kitchen Appliances > Autonomous Cooking Devices,

Food Tech > Tech Hardware > Food Preparation > Business Focused > Robotic Kitchen > Robotic Arms

Institutional investors

JAFCO Group Fuji Mac Oriental Land Hachijuni Bank Resona Group Seibu Shinkin Capital Shoko Chukin Bank Ajinomoto Wing Capital Partners DEEPCORE SBI Investment

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