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HomeFunding Hamburg-based foodtech Startup GoodBytz Raises €12 million in Series A Round...

[Funding alert] Hamburg-based foodtech Startup GoodBytz Raises €12 million in Series A Round Funding

GoodBytz, a foodtech startup based in Hamburg, raises a €12 million series A round of funding. Despite the current economic state in Germany as a whole, the Block Group, based in Hamburg, and the principal investor, Oyster Bay, are both making investments in the development of nutrition.

GoodBytz, a foodtech startup based in Hamburg, raises a €12 million series A round of funding. Despite the current economic state in Germany as a whole, the Block Group, based in Hamburg, and the principal investor, Oyster Bay, are both making investments in the development of nutrition.

The €12 million investment’s aim is to: By 2025, Susemihl went on, “They plan to produce over 100 Robotic Kitchen Assistants, and international expansion is also on the horizon.”

Read also – Hungary-based Startup Flawless Secures $2.2 Mn in Seed Funding

Robotic kitchen assistants from GoodBytz reliably provide wholesome food in the smallest amount of time. The top 15% of Lieferando restaurants in Germany include the first delivery service ghost kitchen with the GoodBytz Robotic Kitchen Assistant.

Christoph Miller, founding partner of lead investor Oyster Bay said, “We’ve been there from the very beginning. The potential of robotics in professional kitchens is enormous, The Hamburg-based Food & AgTech venture capital provider has been investing in the German Foodtech startup since day one. The family-owned company Block Group is also joining as an investor”.

Stephan von Bülow, CEO of the Block Group said, “The success of the restaurant industry is crucially tied to the kitchen. GoodBytz has developed an intelligent and forward-thinking solution to prepare dishes quickly and reliably using fresh ingredients, The Hamburg-based food tradition brand, Block Food AG, is teaming up with investor Oyster Bay Venture to embrace robotics in professional kitchens”.

Hendrik Susemihl, CEO of GoodBytz said, “A total investment of €12 million is flowing into the Foodtech startup GoodBytz, founded in 2021. “The combination of Oyster Bay Venture, which has an extremely successful investment track record in the food segment, and the food tradition brand Block, holds incredible potential,”

By the end of 2023, GoodBytz intends to have a staff of 60 people, and by the end of 2024, it expects to have 90 people, with a focus on engineers. The GoodBytz crew is expanding and so is their visibility. A flagship store is slated to debut in Hamburg at the start of 2024.

Read also – UK-based Globacap Secures $21Million Series B Round Funding

About GoodBytz

Professional chefs may easily improve and replicate their skills thanks to the robotic kitchens that GoodBytz is developing. They think that giving global food farmers with access to robots, artificial intelligence, and data will help humanity move towards more sustainably producing and preparing food.

Their robotic kitchens drastically change how the hospitality sector functions and pave the way for the democratisation of delicious, healthy, and high-quality meals. Customers will thus find innovative and creative hospitality and culinary concepts everywhere.

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