Led · Seed · Oct 2022

RoboBurger develops automated, sanitary burger vending machines that can produce a customizable burger in under five minutes with minimal human intervention. The company plans to lease or sell machines to customers who will be responsible for restocking. Leadership, including CMO Andy Siegel, intends to accelerate manufacturing and expand market presence using new funds. RoboBurger projects $1.4 million in annual revenue while acknowledging potential losses and the need to control operational costs. The startup gained prominent exposure on Shark Tank, which helped attract investor interest and public attention. Key challenges noted in the article include intense competition in robotics and the difficulty of ensuring consistency and quality at scale. RoboBurger Inc builds fully autonomous vending robots that cook and assemble restaurant-quality burgers in roughly four minutes. Founded in 2019 and based in New Jersey, the company’s RoboBurger units grill, toast, add condiments, and assemble burgers on demand. Management says customer feedback has driven taste and speed improvements incorporated into its second-generation Mark 2 units. The company is working with large U.S. companies to place machines in workplaces, universities, hospitals, and transportation hubs. RoboBurger plans rollouts including Pilot Flying J – Newark, a university in Queens, and the Port Authority Bus Terminal in Manhattan. The startup recently secured $10M in seed 2 funding to scale production of Mark 2 units and meet strong customer demand.

Participated · Equity · Oct 2022

Puttshack operates upscale, tech-driven mini golf venues that integrate a patented trackaball technology across each hole to enable automated scoring, bonus points and interactive games. The concept pairs its game experience with a global food and beverage offering. The company launched its first location in London in 2018 and is led by CEO Logan Powell. Puttshack currently operates two U.S. locations and four in the U.K., with new venues in Boston and Miami scheduled for fall 2022 and St. Louis planned for winter 2022. Additional U.S. locations — including Dallas, Denver, Houston, Nashville, Philadelphia, Pittsburgh, Scottsdale and a second Atlanta site — are anticipated in 2023, with other cities to be announced. The company raised growth capital to fund this expansion across the United States. Puttshack is a Chicago-based, tech-powered mini golf operator that pairs an upscale food and beverage offering with an interactive, point-scoring golf experience. The experience leverages trackaball technology to track balls and enable competitive scoring while guests play. The company was founded by Steve and Dave Jolliffe (original founders of Topgolf and World Golf Systems) and Adam Breeden (co-founder of Flight Club, Ace Bounce and All Star Lanes). Puttshack has its global headquarters in Chicago and a UK headquarters in London. The company recently opened its first U.S. location in Atlanta, plans to open Oak Brook, Ill. in Fall 2021 and Miami soon after, and has signed a lease in Nashville’s The Gulch with multiple additional U.S. locations expected in 2022. Puttshack raised $60M to support securing real estate and expanding its experience to more cities in the U.S., UK and internationally.