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Botrista Technology, a San Francisco CA-based robot-barista company, raised $10M in Series A funding.
The round, which brought total amount of capital raised to $16m, was led by Purestone Capital and La Kaffa International with participation from Sony Innovation Fund, Middleby Corporation, and PIDC.
The company intends to use the funds to further ramp up deployment operations to roll-out the DrinkBot nationally.
Led by Sean Hsu, Co-founder & CEO, Botrista provides DrinkBot, an automated craft drink solution that enables any person to make a complex beverage, including infused teas & lattes, flavored lemonades, iced coffees and more – without a full bar. In addition to the blending technology, the DrinkBot includes a cloud-based application called CloudBar with real-time data integration for multiple applications and tracking, an efficient inventory management system that offers data management capabilities to provide guidance for inventory replenishment; sales performance analysis to track menu performance; and a user-friendly tutorial video with a step-by-step guide of the drink making process, cleaning, and maintenance. Ordered from a touch screen, the DrinkBot’s blender dispenses and mixes drinks in less than 20 seconds.