Robotic kitchen startup YPC raises a $1.8M seed round – TechCrunch
Montreal-based YPC Technologies today announced that it has raised a $1.8 million seed round. Led by Hike Ventures and Real Ventures, the funding includes participation from Toyota AI Ventures and Uphill Capital, among others, designed to help the company pilot its kitchen robotics technology. Toyota AI Venture’s funding came as part of the company’s “Call of Innovation,” which finds it investing in early-state AI, robotics and other cutting-edge technologies. One of the subscription-based service’s selling points is that it requires a relatively small amount of space, versus a standard commercial kitchen. The company also points out that the system is designed to work collaboratively with humans, replacing repetitive tasks rather than staff positions outright.