12 million euros for foodtech startup GoodBytz
Venture capitalist Oyster Bay and Block Group are investing 12 million euros in GoodBytz in a series A round. The Hamburg-based foodtech startup produces robots as kitchen helpers that can bring wholesome meals to the plate quickly and reliably.
At GoodBytz, robots act as kitchen staff
GoodBytz was founded in 2021 by Dr Hendrik Susemihl (CEO), Kevin Deutmarg (COO) and Philipp von Stürmer (CTO) with the aim of contributing to the nutritional turnaround through the use of robotics. GoodBytz offers so-called Robotic Kitchen Assistants, which are supposed to take over all essential steps of a cooking process and prepare food flawlessly and in large quantities. According to the company, up to 150 dishes per hour and 3000 per day can be prepared, saving up to 80 percent of labour costs. The system can be used in all areas of professional catering. A ghost kitchen equipped with the startup's robots is among the top 15 percent of the most popular Lieferando restaurants in Germany.
The current round is led by Hamburg-based VC Oyster Bay, which had previously invested four million euros. A newcomer is the Block Group, which is best known for the Block House steakhouse chain. With the fresh money, GoodBytz wants to increase the number of employees to 60 by the end of 2023. By the end of 2024, the startup already expects to have 90 team members. Also planned are the opening of a flagship store in Hamburg in early 2024, the production of over 100 robotic kitchen assistants until 2025 and the internationalisation of the business.
