Labor-light robot-assisted restaurant chain with 130+ locations planning an IPO.
“Wonder raised $650M Series D at $9.65B valuation — one of the largest consumer/foodtech rounds in recent memory”
“Wonder...Raised $650M+ Series D at $9B valuation with an IPO ratchet provision”
Source→“The round includes an IPO ratchet that will reward investors with extra shares if the IPO prices below 1.5 times the current round's share price.”
SourceAI-extracted from podcast / newsletter / paper summaries. May contain errors.