ROBO ARETE logo — It's EATNOVATION!

ROBO ARETE

It's EATNOVATION!

Founded 2018 Korea South Korea South 13 employees Corporate Round Total: $11.06B Food and Beverage, Information Technology +1

General Information

Company Name ROBO ARETE
Founded Year 2018
Location Korea South Korea South
Employees 13
Industries Food and Beverage, Information Technology, Robotics
Funding Stage Corporate Round
Social

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About ROBO ARETE

ROBO ARETE is a pioneering robotics company revolutionizing the Food and Beverage (F&B) industry with its groundbreaking Robotics Kitchen. Founded in 2018 in South Korea, the company's team of robotics experts is committed to advancing culinary culture and F&B business through innovative automation systems. Their flagship project features a robotics system capable of autonomously frying a diverse menu, including chicken and French fries, culminating in the launch of their proprietary chicken brand, "Robert Chicken," in 2020. Successfully implementing their solution in renowned brands such as GS25, BHC, Hangry Joe's Hot Chicken, and ORG, Robo Arete is expanding globally, with franchise stores set to open in the United States, Mexico, the Philippines, Singapore, and other countries by the first half of 2024.

Moreover, Robo Arete is diversifying its automation solutions, extending beyond frying to encompass processes such as hamburger patties and noodles. Notably, the company has also developed a robotic bartender for soju cocktails, set to debut at the flagship Robert Chicken store in New York in the first half of 2024.

With its recent Corporate Round investment on 05 June 2024 led by Paesr Enterprise, Robo Arete is poised for accelerated growth and technological advancement, solidifying its position at the forefront of robotics innovation within the F&B industry. The company's impressive track record and strategic expansion plans position them as a compelling venture for potential investors seeking to capitalize on the intersection of technology and gastronomy.

Taxonomy: Robotics, Food and Beverage Industry, Culinary Innovation, Fried Food, Restaurant Technology, Franchise Expansion, Global Market, Robotic Bartender, Cooking Automation, Robotic Systems, Food Service Robotics

Funding Rounds & Investors (6)

View All
Funding Stage Amount Investors Lead Investors Date
Corporate Round Undisclosed 1
Paesr Enterprise
05 Jun 2024
Series A KRW2.00B 1
Hanwha Investment
11 Jun 2023
Series A KRW7.50B 6
Korea Investment Partners, Industrial Bank of Korea +4
11 May 2022
Seed Round KRW500.00M 1
TIPS Program
15 Sep 2021
Seed Round KRW1.00B 2
Naver D2 Startup Factory, WE Ventures
25 Mar 2021
Pre Seed Round KRW61.00M 1
Korea Venture Investment Corp
01 Aug 2020

ROBO ARETE Alternatives & Competitors

View All Alternatives
ROBO ARETE vs
Nala Robotics, Inc.
Nala Robotics, Inc. United States

Using AI to Disrupt the Culinary Industry.

Pre-Seed
135 employees
Food and Beverage, Robotics
ROBO ARETE vs

We created a robotic kitchen for fresh, customized dishes. Currently selling to corporate clients, p...

Venture round
Food and Beverage, Robotics
ROBO ARETE vs
BOLK
BOLK France

Pionnier de la cantine robotisée 🤖 🍽

Seed
9 employees
Food and Beverage, Robotics

FAQ About ROBO ARETE

It's EATNOVATION!
ROBO ARETE was founded in 2018.
ROBO ARETE is headquartered in Korea South.
ROBO ARETE operates in Food and Beverage, Information Technology and Robotics. Its work centres on Robotics, Food and Beverage Industry, Culinary Innovation and Fried Food.
ROBO ARETE has approximately 13 employees.
ROBO ARETE has completed 6 funding rounds, raising a total of $11.06B. The latest funding stage is Corporate Round.
Top alternatives and competitors to ROBO ARETE include Nala Robotics, Inc., Aitme, BOLK, Kitchen Robotics, goodBytz. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
ROBO ARETE and Nala Robotics, Inc. are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for ROBO ARETE, https://bouncewatch.com/company/robo-arete, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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