Reported about 1 year ago
Taiwanese-founded AI automated bubble tea platform company Botrista, based in Silicon Valley, recently announced completion of Series C funding with total funding exceeding $120 million, reflecting high market optimism. Established in 2017 with headquarters in Silicon Valley and R&D base in Taiwan, Botrista combines automation technology and AI big data analysis to create a patented automated beverage machine that can make various drinks, including traditional Taiwanese bubble tea, in just 12 seconds. The funding, led by Jollibee Foods Corporation, will be used for team expansion, AI technology development, and global expansion of the cold drink supply chain. The company's team consists of world-class professionals with backgrounds from top tech and finance companies, promoting a unique startup culture encouraging innovation and employee empowerment.
Source: YAHOO