Reported 18 days ago
RoboBurger, a startup designed to automate burger-making through vending machines, pitched their concept on Shark Tank seeking $1.5 million for a 5% stake. After facing skepticism but showcasing their unique 'rethermalized' burgers, they impressed investors with their sales of over 12,000 burgers during a beta test, leading to a deal with investors Kevin O'Leary and Michael Rubin. The company anticipates significant growth in the food vending market, aligning with rising consumer demand for convenience.
Source: YAHOO