The following report is from PR Newswire:
PreciTaste, a Vision AI platform and industry leader in operational optimization, has raised $24 million in Series A to continue its mission to become the standard for digital food AI management in fast casual and QSR kitchens. Developed to maximize efficiency, enhance customer experience, and reduce food waste, the largest food chains apply PreciTaste to combat the industry’s labor, quality, and sustainability challenges.
PreciTaste adapts to each operation by observing crews, then generates AI agents through data to assist them live onsite. Flexible software applications enable use cases like demand-based cooking and ingredient preparation, real-time task management, or order accuracy. With demand-based forecasts, up to 40% of kitchen tasks are consolidated. With order accuracy guidance, customers are served five times faster.
PreciTaste’s established platform is changing the way food chains operate, and can scale existing and new food concepts. Our technology also zeroes in on food waste. This is vital to Stork’s mission given that, if food waste was a country, it would be the third largest global CO2 emitter (United Nations FAO).
Says PreciTaste Co-Founder and CEO, Dr. Ingo Stork.
PreciTaste’s Series A is led by existing investor Melitas Ventures, a fund that invests in innovative early-stage food and beverage companies, and Cleveland Avenue, a mission-driven investor in food, beverage, and technology companies. Additional investors include Enlightened Hospitality Investments (EHI), the growth equity fund co-founded by Danny Meyer, the Founder of Union Square Hospitality Group and Shake Shack, and Monogram Capital Partners, a leading consumer-focused growth fund with investments including Chewy.com, Oatly, and Foxtrot.
Dr. Mingu Lee, Managing Partner of Cleveland Avenue, says,
PreciTaste has created an innovative solution for the most critical kitchen management problems. This technology is transformative and is the advantage every kitchen needs to drive sales and profit.
With PreciTaste’s Virtual Baker® already managing in-store baking processes in Europe’s largest grocery retailer, the company had the infrastructure to expand fast casual and QSR roll-outs in 2020 following the pandemic-spurred digital focus. With 1,500+ food AI systems deployed since, PreciTaste has evolved with a proprietary offline-first AIOS operating system and TasteOS Cloud-based reporting platform.
Powered by Intel Solutions, leveraging the OpenVINO toolkit, PreciTaste’s platform accelerates deployment of intelligent devices and analytics, making its technology economical, easily adoptable, and swiftly executable. PreciTaste’s partnership with Franke Foodservice Systems, Inc., a leader in implementing kitchen and equipment improvement campaigns for major chains, provides further insights to consider during implementation.
The technology pays for itself through food waste savings alone and is highly scalable. We invest in companies that transform how consumers eat and drink. Through the combination of innovation, infrastructure, and partnerships, PreciTaste is a pioneer in foodservice operations.
Says Alex Malamatinas, Founder & Managing Partner of Melitas Ventures.
AUTHOR COMMENTARY
For my Gen-Z friends out there: when I read this, it reminded me of that episode of Jimmy Neutron, where Jimmy invents an AI burger shop that monitors everyone’s order’s and happiness, and eventually turned evil when his dad accidently angered the restaurant’s “happiness” meters. This gives me that same feeling.
It goes without saying that once again we continue to inch closer and closer to the new paradigm of smart cities, where everything is controlled and automated, and basic occupations will be replaced by robots; hence, “You’ll own nothing and be happy” mantra.
Restaurant Replaces Waiter With Robot
Cambridge University Designs Robot That Can Taste Food And Predict What You Will Like
Chipotle Trials Autonomous Kitchen With New Tortilla Chip-Making Robot Chippy
The desire of the slothful killeth him; for his hands refuse to labour.
Proverbs 21:25
[7] Who goeth a warfare any time at his own charges? who planteth a vineyard, and eateth not of the fruit thereof? or who feedeth a flock, and eateth not of the milk of the flock? [8] Say I these things as a man? or saith not the law the same also? [9] For it is written in the law of Moses, Thou shalt not muzzle the mouth of the ox that treadeth out the corn. Doth God take care for oxen? [10] Or saith he it altogether for our sakes? For our sakes, no doubt, this is written: that he that ploweth should plow in hope; and that he that thresheth in hope should be partaker of his hope. (1 Corinthians 9:7-10).
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The future used to look promising…but now it looks ominous and bleak, but now it’s promising in a different way: repenting, becoming truly saved and born again, and looking forward to the catching up.
Jacob, I sent ya a distressed email and I need your counseling and the scriptures, brother.
You need to see this I just found it ….
have you ever seen this before ?
https://m.youtube.com/watch?v=igKRm8FvthE
It’s exactly what’s being played out now and yet surprisingly this was a cartoon made by an American college waaaaay back in the day.
P.s.
I do not watch cartoons. A short clip was added by some guy reporting news on you.
So I located the full video.
A short clip was added by some guy reporting news on YOUTUBE … not you sorry it was my autocorrect cut off the word to you instead of youtube.
Less and less like man created in the image of God, or like the family & fellowship of God’s order centering around home, small intimate & meaningful gatherings, breaking bread together like the simplicity of Christ. I remember the first, & only, time I visited that trendy build-your-own taco Mexican style restaurant they tend to pair with the Starbucks goddess shops….the name escapes me at the moment. All the young people were raving how good it was, so I visited it with them & was not impressed.
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All the surfaces were hard stainless steel & plastic, & it was loud, cold, rushed & impersonal….& I hated it. I got the feeling it was designed so they could shove people in and out & take their money as quickly and ‘efficiently’ as possible….then just hose the joint down at the end of the day, or turn on the sprinklers & call it ‘cleaning’, & the rushed, shoving of food ‘service’.
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No more ‘restaurants’, now they’re all impersonal, pushy works-arants & shut-up or repeat the approved script, eat fast, & do what you’re told, food quality optional, profit king, complain & we’ll label you ‘racist’, ‘intolerant’, and ‘wasteful’, BAD citizen, and irreverent to Mother Church’s/ Mother Earth’s latest pronouncements of illegit guilt, confess-or-else stirring up of sin, & self-righteousness comparing sin smearing & defiling of conscience.
I get paid over 190$ per hour working from home with 2 kids at home. I never thought I’d be able to do it but my best friend earns over 10k a month doing this and she convinced me to try. The potential with this is endless. Heres what I’ve been doing..
HERE====)> https://www.Richjobz.com