India: Chef Robotics raises $43.1m funding led by Avataar Ventures

India: Chef Robotics raises $43.1m funding led by Avataar Ventures

San Francisco-based Chef Robotics, a company that uses robotics and machine learning to increase food production, has raised $43.1 million in its Series A funding round led by Avataar Ventures, it announced on Tuesday.

The funding also saw participation from Construct Capital, Bloomberg Beta, Promus Ventures, MFV Partners, Interwoven Ventures, HCVC, MaC Venture Capital, Red and Blue Ventures, Tau Partners, Alumni Ventures, Siddhi Capital, and BOLD Capital Partners, the company said in a statement.

Founded by Rajat Bhageria, Chef Robotics will use the fresh capital to accelerate production deployments of its robotic systems.

“Robotics is having a moment right now. The innovations in AI have unlocked the potential of Embodied AI for robotics. We believe we’re in the pole position to scale given all the real-world production training data we already have,” said Bhageria, founder and CEO of Chef Robotics.

Additionally, the funds will enable Chef to scale its go-to-market team and efforts, and invest in non-engineering functions like sales and marketing to scale its deployments.

“AI in the physical world is happening right now with robotics. Food is one of the largest markets in the world. Industrial AI is already winning, and food packaging automation is quietly transforming how we get our meals. Chef has quickly cemented its standing as the industry leader in AI-enabled robotics for meal assembly with over 44 million servings produced and counting,” said Mohan Kumar, Founder and Managing Partner of Avataar Ventures.

Chef currently serves customers in the U.S. and Canada, with plans to expand to the U.K. market in 2025.

Edited by: Padma Priya

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter

This is your last free story for the month. Register to continue reading our content