Momentum Machines is developing a fully automated burger-making robot that cooks patties and adds toppings such as onions, pickles and tomatoes. The machine is capable of producing up to 400 burgers per hour and is designed to perform the full assembly process. Each unit is estimated to cost about $30,000, a price the article says fast-food owners could recoup in a few days of operation. The robot requires periodic servicing and instructions but does not need breaks, sick leave, or insurance. Momentum Machines is planning a launch in the Bay Area. The company has raised more than $18 million for this particular project, a sum the article frames as evidence of investor appetite to replace costly human labor with automation.

Total raised

$18M

Funding rounds

1

Latest round

Equity

Latest activity

Jun 2017