Retail

Food automation maker Blendid raises $2M in 4 months

Image courtesy of Blendid.

September 9, 2021

Blendid, a manufacturer of food automation and robotics products, reached its $2 million fundraising target via 1,475 individual investors during a four-month crowdfunding campaign on StartEngine, according to a press release.

Blendid has raised a total of $20 million in investments through a combination of traditional venture capital, strategic investors and crowdfunding.

During its crowdfunding effort, Blendid signed a commercial agreement with a commercial foodservice operator which also made a strategic investment in the company.

Offering an autonomous, contactless robotic food kiosk, Blendid has served over 50,000 customer orders working with U.S. retail and foodservice operator partners.

Blendid's proprietary, contactless operating system measures and dispenses precise amounts of ingredients for customized drinks, then blends, pours and stores each smoothie until a guest is ready for pickup.