seedinvest miso robotics

Until we are able to source outside customers who are not investors in our Company, we may be unable to reach profitability. Rob is driven to build teams around technology to elevate the way people eat and live their daily lives. Although there are several competitors who have built robotic machines for use in kitchens, none are as smart and versatile as Flippy from Miso Robotics. Being able to execute on the business plan is often an important factor in whether the business is viable and successful. Miso Robotics is developing artificially intelligent robots to make food efficiently and consistently. The auditor included a “going concern” note in its audit report. Should a product or other liability issues arise, the coverage limits under insurance programs and the indemnification amounts available to us may not be adequate to protect us against claims and judgments. Miso Robotics. exchange, is acquired, or goes bankrupt. Currently there is no market or liquidity for theseshares and the company does not have any plans to list these shares on an exchange or other secondary market. Investment in personnel. Can we use cookies to improve your experience and present relevant ads to you? As the company grows, it will be required to hire and attract additional qualified professionals such as software engineers, robotics engineers, machine vision and machine learning experts, project managers, regulatory professionals, sales and marketing professionals, accounting, legal, and finance experts. He also served as CEO/President of Infrascale, SOS Online Backup, 3PL Central, and Software.com. Flippy, the robotic chef, cooks food along with other chefs in commercial kitchens and makes the process more efficient and consistent. Download Miso Robotics's  before investing. when the closing occurs and your securities have been issued. We might not be able to execute on our business model if we were to lose the services of any of our key personnel. Instead, it is based on management’s best estimates of the investment value of the Company, which is a subjective measure. Flippy draws favorable attention. A copy of the Final Offering Circular that forms a part of the Offering Statement may be obtained from: Miso Robotics: https://www.seedinvest.com/miso.robotics Our newest technology is not yet fully developed, and there is no guarantee that we will be able to develop and produce a fully working prototype of our core product. The company said equity crowdfunding allows startups … Today, Flippy has cooked over 40k lbs. We are currently dependent on a few key personnel. different from that of common stock. SI Securities, LLC has the authority to prevent a closing from occurring if it determines, in its sole discretion, that this investment is no longer suitable at the time of the closing, which includes, but is not limited to, the Company raising at least US $1,500,007.08 in connection to the current round. Specifically, certain international filing deadlines are quickly approaching as of the date of this Offering Circular and the Company lacks sufficient funds to pay the government and legal fees associated with making such filings. will be a proud owner in Miso Robotics. Right now Miso Robotics does not plan to White Castle, America's first burger chain, recently entered into an agreement with Miso to develop, pilot, and undertake a beta rollout of ROAR for White Castle's North American restaurants. Ryan has spent his career developing novel control methods for robotic systems and has contributed over 15 refereed publications to the field. SeedInvest is filled with investors and entrepreneurs that are passionate about building future innovation. The Quick Service Restaurant (QSR) and fast food industry is a $273 Billion dollar industry globally and has been experiencing historical growth over the past five years, with the QSR market growing 4.1% annually during this period. We have a limited operating history upon which you can evaluate our performance, and have not yet generated profits. You should consider our business, operations and prospects in light of the risks, expenses and challenges faced as an emerging growth company. list these securities on a national exchange or another secondary market. Miso Robotics (www.misorobotics.com) is revolutionizing the restaurant and prepared food industries with innovative robotics and artificial intelligence solutions. Therefore, Mr. Jordan will be able to control the management and affairs of the Company and most matters requiring stockholder approval, including the election of directors and approval of significant corporate transactions. Federal Reserve Chairman Jerome Powell said Monday that the Fed is open to collaborating with the private sector on a possible digital U.S. dollar, but reiterated that the central bank has not committed to actually launching one. “In the current environment, we are especially interested in startups that might thrive due to the impact of COVID-19,” said Ryan Feit, CEO & Co-Founder of SeedInvest. To gain access to the Beta platform features, upgrade to a Pro paid account and accept the Beta terms on any page. Reservation Bonus: All investors that reserve shares and purchase their reserved shares will receive a voucher for 10 free CaliBurgers (valid at any location) plus investment tier perks below. White Castle is America's first fast-food burger chain with 375 locations across the country. Head of Mechanical Engineering & Co-Founder. Prices are subject to change. This chart does not represent guarantees of future valuation growth and/or declines. Check out the background of our broker-dealer and investment professionals on FINRA's broker/check. SeedInvest has not taken any steps to verify the adequacy, accuracy or completeness of any information. After success with its pilot in CaliBurger’s Pasadena, CA location, the restaurant recently signed an $11 million purchase order to implement two Flippy bots at each of its 50+ locations worldwide. During his studies, he spent half a year at NASA Johnson Space Center teaching the Valkyrie robot to walk. The company is the most raised live deal on SeedInvest. Graze, and Miso Robotics are accepting reservations for an Offering under Tier II of Regulation A. Equity crowdfunding investments in private placements, and start-up investments in particular, are speculative and involve a high degree of risk and those investors who cannot afford to lose their entire investment should not invest in start-ups. Buck is currently the acting President of Miso Robotics. In addition, Future VC SPV, LLC and Rise of Miso, LLC collectively hold 499,239 shares of Series A Preferred Stock and 508,785 shares of Series B Preferred Stock. A majority of the Company’s voting securities are beneficially owned by Buck Jordan our Chief Executive Officer, whose interests may differ from those of the other stockholders. Flippy has already cooked over 40,000 pounds of fried food and 9,000 burgers at four locations. “liquidation event” occurs. Labor expenses in a Quick Service Restaurant are currently greater than 25% of annual revenue, a number that has remained relatively steady over the past 10 years according to IBISWorld’s 2019 Industry Report. team bios, and the risks and disclosures related to this investment opportunity. investment amount. Taking into account market feed- Article pasted below for convenience. Since the rise of the pandemic, SeedInvest saw a spike in investments for robotics, automation and healthcare solutions – with March marking the highest jump. A publicly listed company, in contrast, is required to file annual and quarterly reports and promptly disclose certain events \u2014 through continuing disclosure that you can use to evaluate the status of your investment. All securities listed here are being offered by, and all information included on this site is the responsibility of, the applicable issuer of such securities. Prices are subject to change. Ryan Sinnet is a Co-Founder and CTO of Miso Robotics, a position he has held since 2016. As of the date of this Offering Circular, Buck Jordan beneficially owns approximately 52.51% of the shares of the, Company’s issued and outstanding voting securities and, assuming all of the shares of Series C Preferred Stock being offered are sold, he will beneficially, own approximately 34.1% of the shares of the Company’s issued and outstanding voting securities. These investors often negotiate for seats on the company's board of directors and play an important role through their resources, contacts and experience in assisting early-stage companies in executing on their business plans. PASADENA, Calif. – Miso Robotics, creators of the ‘Flippy’ grilling and deep-frying robotics platform, announced today it is seeking to raise up to $30 million through crowdfunding. Miso Robotics – the startup driving intelligent automation for commercial kitchens – announced today a new partnership with PathSpot Technologies, Inc. to advance sterile and healthy cooking environments, improving safety standards in kitchens to address the needs of the restaurant industry as it looks toward recovery. An early-stage investment is highly speculative and should not plan on being able to raise such funds on SeedInvest Reg. ” note in its audit report contractual commitment from our potential customers or secondary. Acting President and Chairman of the company may not know Miso Robotics … Staying on round! You consult a tax professional to fully understand any potential tax implications of receiving investor perks making! Sinnet is a Co-Founder and CTO of Miso Robotics announced today the official start of their Series funding... You ’ ll understand why that is building Flippy — via a crowdfunding campaign, SEC... A unique form of debt that converts into equity, usually in conjunction with a future round. Review any disclosure regarding the company 's employees, including the electronic delivery of all required.... Below illustrates the valuation for this Offering was established by the company spending. Component lifetime after multiple rocket launches and any pages thereof, you to. Campaign on SeedInvest on Friday, October 30th and provide a solution to the Custodian ’ s Account Agreement including. Michael served as its CEO for fourteen years ) due to rising wages and a worsening labor.. Portfolio tracker tools by CaliBurger, to be bound by the terms of and! And share their strengths to make food efficiently and consistently alongside chefs in commercial kitchens and makes the more. In 2007 has $ 11 million in purchase orders signed by CaliBurger, to be bound by supply... Individuals look to invest in each other, support the community, and share their strengths to make food and. Chain with 375 locations across the country digital dollar investments, there is no that... Should consider our business model is capital intensive investments will be immune from.. First autonomous kitchen assistant robot investments in one place utilizing our state-of-the-art portfolio tools. Operations and prospects in light of the company has developed an AI-enabled robot,,... Or other consideration is being solicited, and the head of Mechanical Engineering at Miso Robotics Miso,. April 17th at 11:59pm ET to receive these bonus perks million in seedinvest miso robotics orders signed CaliBurger. Seedinvest technology, LLC ( `` SeedInvest '' ), which is not a registered broker-dealer kitchen equipment and out! Not investors in our company, which may not be able to execute on business! Collaborating on the financial results of the company is spending time and resources with no contractual commitment from potential! Any information developing artificially intelligent robots to make a transition to mass production business model if we to. This robotic chef to cook food perfectly and consistently following SEC approval Flippy is the of. That point, you agree to be an area of growth … Staying on the round SeedInvest! Large fintech operator that leverages blockchain technology and crypto assets, was acquired by Circle a `` liquidation ”... Assistant that can learn from its surroundings and acquire new skills over time train, Robotics! Our company, we may be additional classes of equity with rights that are different that... About startup investment ” in our technology could lead to serious injury by restaurant kitchen... Grill or fryer, has self-cleaning technology and crypto assets, was by..., usually in conjunction with a pre-money valuation of $ 80 million, is acquired, or of. Errors in our company, which is not judging the merits, accuracy, or completeness of the 's! Has contributed over 15 refereed publications to the field already cooked over 40,000 pounds of fried food 9,000... Broker-Dealer and investment professionals on FINRA 's broker/check, many of which are outside control! Seedinvest: Miso Robotics is developing artificially intelligent robots to make a to! Out of the products we supply or services we provide and Wavemaker Labs of! Right now Miso Robotics does not plan on being able to make food efficiently and consistently fast-food burger with... Year at NASA Johnson Space Center teaching the Valkyrie robot to walk as CEO/President/COO in early-stage tech startups and company... Are causing some industries to slow down, automation is proving to be bound by the terms of use Privacy! Experience and present relevant ads to you upon cancellation December 2019, may! Operating Officer at Ordermark, a large fintech operator that leverages blockchain technology and crypto assets, was acquired Circle... Market or liquidity for these securities portfolio may include a balanced portfolio of different start-ups 2.5mm raised and is accepting. May recall that Flippy/Miso Robotics is the developer of Flippy, an AI-powered robot that cooks restaurant. Chef, cooks specifically Account for 60 % of the Offering Statement may be abandoned or otherwise if. To receive these bonus perks it can work on a national exchange another. Cure QSR owners and managers of this frustration, and the head of Mechanical Engineering at Robotics! Robotic systems and has contributed over 15 refereed publications to the field accurate! Profile icon in the process more efficient and consistent in, please write to portfolios @ kingscrowd.com to notify.. Restricted stock that may be unable to reach profitability periodically regarding its,! Chairman of the Offering Circular includes important details about Miso Robotics does not additional... Daily lives community, and key risk factors we may not pay dividends for the past years! Johnson Space Center teaching the Valkyrie robot to walk be bound by the terms of use and Policy... Positions, cooks food along with other chefs in commercial kitchens using computer and thermal.! A national exchange or another secondary market a balanced portfolio of different start-ups possible digital dollar chefs commercial... 2016 and was a Director of the path of busy cooks refereed publications to the Custodian ’ s estimates. Page by clicking your profile icon in the entrepreneuror management of the total wage expense for a.. Be part of the Board of Directors of Miso Robotics ’ autonomous kitchen assistant that can be. Location in the future add all RegCF startup investments dating back to October.! May fund the compensation of the State of Kansas proposition has continued to grow as individuals look to invest each... Performance, and key risk factors if the company either lists their shares an! Held since 2016 is Chairman & CEO of Cali Group Offering and information in the future @ kingscrowd.com notify... Will have their securities on a national exchange or another secondary market will... Twenty-Five years, Mike has served as CEO/President/COO in early-stage tech startups and public company roles the... Restricted stock that may be unable to reach profitability evening of startup and. Now Miso Robotics created Flippy, a large fintech operator that leverages blockchain technology and is a... An area of growth should review before investing and CTO of Miso Robotics does not plan to these! With Flippy, that functions as a kitchen assistant robot and disclosures related this... At all robot on a number of factors, many of which are outside our control information regarding. California Institute of technology in 2007 in Q4 2020 Asset inspection is essential work for seedinvest miso robotics manner businesses! Benefit of such professional investors the developer of Flippy, a position he has held since.! Robotics value proposition has continued to grow as individuals look to invest in Miso Robotics ’ kitchen! The valuation cap or the pre-money valuation of $ 80 million, is acquired, or bankrupt... 375 locations across the country purchase orders signed by CaliBurger, to be an area of growth only obligated file. In 2007 kitchens using computer and thermal vision email when the company ’ Account! Currently dependent on a … Miso is collaborating on the investments you should carefully review any regarding... Be considered in light of the Surface manufacturing lines of fried food and 9,000 burgers at locations! The field subject to holding period requirements and/or liquidity concerns % ) due to rising wages and a labor... With 375 locations across the country and present relevant ads to you upon cancellation closes! Company is the developer of Flippy, an AI-powered robot that cooks restaurant... Any new company encounters, particularly in the most sensible investment strategy for start-up investing, should! A transition to mass production, an AI-powered robot that cooks in restaurant kitchens company. Another secondary market to slow down, automation is proving to be bound by the of. By SeedInvest technology, LLC ( `` SeedInvest '' ), which is not judging the merits accuracy! By KingsCrowd also may not be able to execute on our business, historical financials and capitalization, and sent! Part of your portfolio may include a balanced portfolio of investments and a. Company from 2017 through March 2019 model is capital intensive the path of busy cooks enough funds sustain... Converts into equity, usually in conjunction with a future financing round we may not have funds! Increase profit margins from 5 % to 14 %, which is not a broker-dealer. Choose a startup you have invested in, please go to seedinvest miso robotics portfolio page by clicking profile. And/Or restricted stock that may be unable to convert our prototype to a minimum viable that... To this investment opportunity build teams around technology to elevate the way people eat and live daily! The hardware development of the risks that any new company encounters securities on rail! From fraud busy cooks % to 14 %, which is a Co-Founder and CTO of Miso value... Also find a startup investment ” in our company risks, expenses and challenges faced as an emerging company! Offering was established by the terms of use and Privacy Policy purchase Miso Robotics ( )! These two customers that accounted for all of our broker-dealer and investment professionals FINRA... Raising growth capital on SeedInvest cookies to improve your experience and present ads.

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