Sweetgreen sold Spyce robotics unit to Wonder for $186.4M, planning to install its Infinite Kitchen system in more locations. Spyce, acquired by Sweetgreen in 2021, developed an automated food assembly approach. Sweetgreen aims to focus on growth and profitability with the deal, receiving $100M cash and stock. Wonder sees Infinite Kitchen as a step towards becoming a tech-driven food platform, enhancing restaurant operations and accessibility.
https://www.therobotreport.com/sweetgreen-sells-spyce-robotics-unit-wonder-186-4m/