Latest round

Series A

Last raised

May 2021

Total raised

$23M

Investors

6

About Picnic

Based in Washington, US, and founded in 2016 by Clayton Wood (CEO), Colton Anderson, Garett Ochs, Jeremy Diamond, Kyu Han, Picnic formerly known as Vivid Robotics Inc, and Otto Robotics operates as an industrial machinery company that focuses on developing automated food preparation systems for restaurants in the form of robotics with the use of computer vision and deep learning to make sure that the output is up to the standards of the user. Picnic is a developer of an automated pizza assembly station that aims to enhance kitchen efficiency and profitability by saving time, money, and labor. The company's system is designed to be automatic, user-friendly, and adheres to strict safety and cleanliness standards by minimizing human contact with food ingredients. It accurately applies precise amounts of sauce, cheese, meat, and vegetables onto the dough, and seamlessly transfers the prepared pizzas directly to the oven.  The company generates revenue by providing customer experience under different prices which include USD 4500, USD 3500, and USD 3250 per month.

Who invested in Picnic

6 investors across 4 rounds

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Funding rounds

  1. Series A

    May 18, 2021

    Amount

    $16M

    Investors

    Locked

  2. Seed

    Nov 19, 2019

    Amount

    $5M

    Investors

    Locked

  3. Seed

    Jan 5, 2017

    Amount

    $1.5M

    Investors

    Locked

  4. Seed

    Dec 15, 2016

    Amount

    Undisclosed

    Investors

    Locked

Questions about Picnic

Who invested in Picnic?

Picnic has 6 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Picnic raised?

Picnic has raised 4 venture rounds. Sign up free to see how much each round raised and the total.

When did Picnic last raise money?

Picnic's most recent round on record is a Series A, in May 2021.

What does Picnic do?

Based in Washington, US, and founded in 2016 by Clayton Wood (CEO), Colton Anderson, Garett Ochs, Jeremy Diamond, Kyu Han, Picnic formerly known as Vivid Robotics Inc, and Otto Robotics operates as an industrial machinery company that focuses on developing automated food preparation systems for restaurants in the form of robotics with the use of computer vision and deep learning to make sure that the output is up to the standards of the user.

Where is Picnic headquartered?

Picnic is headquartered in Seattle, US.

Which VCs invest in companies like Picnic?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back industrial machinery companies at Picnic's stage. Their profiles are linked below.

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