Zume Pizza Gets $375 Million from Single Investor

The money from SoftBank Vision Fund raises Zume's valuation to roughly $2.25 billion.




Zume Pizza uses a combination of humans and robots to make its pies.

Zume Pizza / Facebook

Zume Pizza, the Mountain View, California company that uses robots to make its pizzas, is rolling in the dough, thanks to a new round of funding for $375 million.

According to the Wall Street Journal, the capital comes from a single investor, SoftBank Vision Fund, and it’s expected to give Zume a value of roughly $2.25 billion. As Restaurant Business reports, SoftBank also led a $535 million investment in DoorDash, a food delivery company.

Related: Read about Zume Pizza's "cobot" culture here.

Zume was featured on the cover of PMQ Pizza Magazine’s June 2017 issue. The company has created a “cobot” culture, with humans and robots working side by side in the pizza kitchen. They par-bake pies, then load them onto huge delivery trucks outfitted with computer-operated ovens. The trucks cruise around in areas where pizza orders are most likely to originate. When an order comes in, a human pops a par-baked pizza into the on-board oven, and it’s still fresh and hot when it arrives at the customer’s door.

Noting his company’s heavy emphasis on technology and speedy delivery, Zume Pizza co-founder Alex Garden has explained the business model this way: “Just imagine Domino’s without the labor component. You can start to see how incredibly profitable that will be.”

 

Edit Module

Tell us what you think at or email.

Edit Module
Edit ModuleShow Tags
Edit ModuleShow Tags

Related Articles

Round Table Pizza Makes Queen Elizabeth a Cheeky, Cheese-Laden Offer

If the queen gives pizza a try in 2019, Round Table customers can enjoy a personal pie for free.

Appeals Court Rules Domino's Must Make App, Website Accessible to the Blind

The three-judge panel reversed an earlier ruling by a Pasadena court.

John Arena's 5 Steps to Success in the Pizza Restaurant Business

Going pro: The veteran Las Vegas pizzeria operator offers a quick guide to living the pizza life.

Kate Middleton Reveals Her One of Her Favorite Pizza Toppings

And now we know why the future King of England fell in love with her.

New Pizza Vending Machine Sells 400 Pies in a Week at Ohio State

The Pizza ATM comes stocked with cheese and pepperoni varieties for hungry Buckeyes.

Culinary Visions Study Shows Customers Intrigued by Cannabis Ingredients in Food

Nearly 50 percent of consumers are interested in trying cannabis-infused baked goods.

More Pizzerias Reach Out to Help Furloughed Government Workers

D'Allesandro's in Charleston, S.C. is the latest to deliver free pizzas to TSA workers.

Derrick Tung's 4 Simple Rules for Ordering Pizza

The owner of Paulie Gee's Logan Square shares some tips for choosing the perfect pizza toppings.

It's Both Delivery and DiGiorno in Pittsburgh Football Promo

The frozen-pizza brand delivered more than 130 pies this weekend in celebration of the NFL playoffs.

Canadian Air Traffic Controllers Ordering Pizzas for American Counterparts

Canadians want to show their solidarity with American controllers being forced to work without pay during the government shutdown.
Edit ModuleShow Tags
Edit ModuleShow Tags
Edit Module
Edit Module
Edit ModuleShow Tags
Edit ModuleShow Tags
Edit Module
Edit ModuleShow Tags
Edit ModuleShow Tags