Stellar Pizza, a mobile pizza restaurant powered by robots, has secured $16.5 million in a Series A funding round, led by rapper Jay-Z’s venture capital firm, Marcy Venture Partners.
Previous fundraising rounds, led by Root Ventures with participation from Crosslink Capital and Collaborative Fund, raised a total of $9 million.
The start-up, which is led by former SpaceX engineers, Benson Tsai, Brian Langone and James Wahawisan, says the funds will be used to make strategic internal investments ahead of its launch at the University of Southern California this autumn.
Stellar Pizza is an automated, robotic pizza truck that aims to serve high-quality pizzas at affordable prices. Consumers can use an app to order their pizza, immediately after which, a ball of dough is dispensed from an integrated refrigerator and pressed into a circular shape.
Homemade sauce and fresh toppings are added and the pizza is sent to a 900°F oven. Once it has finished cooking, a conveyor retrieves it from the oven where it is sliced and packaged. The company says its mobile restaurant has the capacity to make 420 pizzas, with a single pizza taking less than five minutes to prepare.
Stellar Pizza is currently building a fleet of mobile restaurants with hopes of becoming a nationwide brand in the incoming years.
FoodBev Media Ltd. 7 Kingsmead Square Bath, BA1 2AB United Kingdom Our Team | Contact Us
World Beverage Innovation Awards – NOW OPEN FOR ENTRIES!
The awards celebrate excellence and innovation across the global beverage industry. Don’t miss out on having your innovations recognised on a global scale.
Deadline for entries 23 July – enter now!
Don’t get left behind
Start your free Foodbev magazine trial today and join thousands of fellow industry professionals in receiving food and drink trends direct to our business.
Click here to start your free trial
Your privacy We use small files known as ‘cookies’ to enhance your experience of the FoodBev website and analyse site-traffic. Read about how we use cookies or how you may control them in our updated privacy policy and cookie policy. If you continue to use this site, you consent to our use of cookies. Click the ‘OKAY‘ button at the top right of this panel to accept or click here for more information.