Now Cuisine, Inc.

Autonomous 'satellite restaurants' that solve intrinsic problems with 3rd-party delivery for both consumers and restaurants

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Problem statement

In too many locations, quality food is hard to find. People typically must drive to a restaurant, or resort to 3rd-party delivery, paying sometimes twice as much and waiting up to an hour for meals which often arrive cold and unappetizing. Meanwhile, delivery cuts into restaurant margins, isolates them from their customers, and damages their reputations.

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Milestones

March 2023

The first patent from our comprehensive patent portfolio was issued

Our first U.S. patent was issued. Within our extensive portfolio we have additional pending U.S. nonprovisional patents and foreign filings.

December 2022

We received $5.4M in commitments from a $750M customer

We received a $2.6M purchase order covering our revenues for the first 2 years of operation, a term sheet for a $2.8M convertible note, and we signed with a strategic foodservice partner that will handle all food-related operations (e.g., production, restocking logistics)

July 2022

We signed an LOI with a 9000-property hotel chain for a 22-kiosk pilot

A major hotel chain with some 9000 properties signed an LOI to pilot 20 of our kiosks in hotels and two in corporate locations including headquarters.

September 2021

We announced a strategic partnership with Freebirds World Burrito

Freebirds World Burrito (the #2 Texas burrito chain after Chipotle) and Now Cuisine announced a strategic partnership (including Freebirds’ CEO joining the company Advisory Board), which led to a number of articles in top restaurant industry publications:

https://www.nrn.com/delivery-takeout-solutions/freebirds-partners-now-cuisine-robot-burrito-kiosks

https://www.restaurantbusinessonline.com/technology/freebirds-turns-burrito-bowl-robots-expansion

https://www.qsrmagazine.com/news/freebirds-world-burrito-testing-robotic-takeout-stations

https://www.fastcasual.com/news/freebirds-adds-techs-to-enhance-employee-engagement-deploys-robotics-in-kitchens/

https://www.food-management.com/technology/5-tech-things-burrito-chain-plans-ai-based-kiosk-units-commercial-sites

There was also an NBC TV segment and several Texas-focused technology articles:

https://www.nbcdfw.com/entertainment/the-scene/robots-to-deliver-freebirds-burritos/2743310/

https://dallasinnovates.com/freebirds-partners-with-dallas-based-now-cuisine-for-burrito-bowl-robot-kiosks/

https://dallasinnovates.com/dallas-startup-now-cuisine-launches-beta-of-its-fully-automated-robotic-takeout-stations/

https://www.bizjournals.com/austin/inno/stories/news/2021/09/24/now-cuisine-adam-cohen.html

https://www.bizjournals.com/dallas/inno/stories/news/2021/09/24/now-cuisine-adam-cohen.html

https://www.austinchronicle.com/food/2022-01-14/automation-is-the-future-of-food-and-the-future-is-now/

We also received additional coverage:

https://www.ottomate.news/p/here-are-three-startups-chipotles

https://www.ottomate.news/p/a-q-and-a-with-chas-studor-founder?utm_source=url&s=r (full article for subscribers only )

https://thespoon.tech/after-almost-40-years-adam-lloyd-cohen-is-bringing-his-vision-for-food-robots-to-life/

https://thespoon.tech/podcast-building-food-robots-with-now-cuisines-adam-lloyd-cohen/

https://restauranttechnologyguys.com/147-restaurant-technology-guys-podcast-ep-147-now-cuisine-adam-cohen/

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