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”
AI-extracted from podcast / newsletter / paper summaries. May contain errors.
“Wonder...Raised $650M+ Series D at $9B valuation with an IPO ratchet provision”
Source→“New York-based Wonder, a food technology company, raised a $650 million Series D at a $9 billion pre-money valuation.”
Source→“Wonder, an NYC-based cloud kitchen company, raised $650m in Series D funding at a $9b valuation from a blue-chip syndicate including Accel, GV, NEA, ARK Invest”
“It paid around $6 million for Blue Ribbon Fried Chicken, which has a single location in Manhattan's East Village.”
Source→“It has a number of similar deals in the works, with plans to do around two per quarter.”
Source→“The company soon will launch an AI tool to let people create new 'restaurants' — including menu items and custom packaging — that will operate via Wonder.”
Source→“Wonder has raised around $2.4 billion in private funding, including a $600 million infusion last May at a $7 billion post-money valuation.”
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