Stellar Pizza joins the Marcy Enterprise Companions roster alongside Rihanna’s Savage x Fenty with $16.5 million raised in a spherical led by the agency
In a future that regrettably lacks flying automobiles and teleportation as early predictions in motion pictures and tv could have recommended, Jay-Z is doing his half to advance the technological age. The billionaire rapper’s enterprise capital agency was the lead investor within the Los Angeles-area startup Stellar Pizza as they raised funds to create robotic vans that make pizza from scratch.
The agency, Marcy Enterprise Companions, manufacturers itself as main or co-investing in corporations with significant model values. Stellar Pizza joins their roster alongside Rihanna’s Savage x Fenty with $16.5 million raised in a spherical led by the agency.
The robotic pizza format is easy: orders can be positioned via a cellular app which might then alert the robotic of the client’s starvation and the pizza-making would start from scratch. Not reducing out the human ingredient all collectively, a non-robot worker would nonetheless be current to chop and field the fresh-from-the-oven pizza earlier than serving.
The primary robotic pizza truck, designed by former SpaceX engineers together with CEO Benson Tsai, is about to make its debut this fall on the College of California. Stellar Pizza’s superb purpose is for the entire course of to take now not than 5 minutes, with the added addition of the truck serving to to chop again on actual property and labor prices.
“Finally, for me, it’s about fixing issues wherever they’re – fixing issues right here on Earth, Tsai advised Inside Version earlier this yr. “Inexpensive entry to high-quality contemporary meals shouldn’t be one thing that’s available for everybody.”