# Cafe X Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cafe-x-technologies

- Industry: Retail
- Headquarters: San Francisco, US
- Website: www.cafexapp.com
- Total disclosed funding: $5M
- Latest round: Seed (Apr 19, 2016)
- Investors on record: 5

## About

Cafe X Technologies, Inc. delivers innovative fully autonomous café solutions utilizing robotic technology to enhance the coffee service experience with efficiency and precision.Cafe X Technologies, Inc. was founded in 2014 and is headquartered in San Francisco, US. The company focuses on producing robotic coffee systems that cater to businesses, educational institutions, and public spaces. The founders, Gary Wong and Henry Hu, have experience in advancing technology solutions. In August 2018, the company raised USD 9.42 mn in funding from investors including Abstract Ventures and Craft Ventures, bringing the total amount raised to USD 9.42 mn across three deals.Cafe X Technologies, Inc. specializes in fully autonomous café systems that integrate robotic technology to deliver high-quality coffee and related beverages. The company's main product, the Robotic Coffee Bar, operates through an advanced automation platform that enables seamless preparation and dispensing of coffee drinks. This system caters to diverse clientele, including businesses, educational institutions, and public spaces, providing efficient service and premium beverages without traditional barista staffing. By utilizing sophisticated robotics and an intuitive user interface, Cafe X addresses issues such as labor shortages, long wait times, and the demand for rapid service in high-traffic areas. The company's services are available in various geographical markets, including urban centers and locations with high foot traffic, particularly in the United States and select global cities.Cafe X generates revenue through a combination of direct sales and partnerships with commercial clients, positioning itself in the B2B sector while also engaging with consumers through its robotic coffee offerings. The transaction structure typically involves the sale of the robotic systems, along with ongoing service and maintenance agreements that ensure optimal performance and reliability. Specific pricing plans are tailored to each client, considering the scale of deployment and the specific configurations of the robotic systems. Cafe X's flagship products are designed to promote recurring revenue through subscription-based maintenance and support services, providing clients with a dependable operational framework.Cafe X Technologies, Inc. plans to leverage the recent funding of USD 9.42 mn raised in August 2018 to enhance its product offerings and expand into new markets. The company is designing new products to further refine its robotic coffee systems and is targeting expansion into additional urban centers in the United States and select international markets by 2023. This strategy aims to capture growing demand for automated coffee solutions while addressing labor and service efficiency challenges.

## Funding rounds

- Seed, Apr 19, 2016, $5M — Khosla Ventures, Silicon Valley Bank, Felicis Ventures, Social Capital, Thiel Foundation

## Investors

- Khosla Ventures (https://capitalatlas.ai/funds/khosla-ventures) — Seed
- Silicon Valley Bank — Seed
- Felicis Ventures (https://capitalatlas.ai/funds/felicis-ventures) — Seed
- Social Capital (https://capitalatlas.ai/funds/social-capital) — Seed
- Thiel Foundation — Seed