Let’s take a look at Miso Robotics Stock IPO, and why a lot of investors are looking up to it.
Miso Robotics is one of the revolutionary robotics companies, whose initiative is taking a direction that isn’t so recognized but is very much needed and essential.
Founded in 2016 and based in Pasadena, California, this company helps develop and manufacture AI(Artificial Intelligence)-driven robots meant to assist chefs in preparing certain foods at restaurants.
Think about the rising demand for the science of cooking globally. The history, evolution, and progression of the art of professional cooking, and you will realize, for every restaurant, irrespective of the numerous chefs present to work their days out, there is always a need for extra help.
You can learn more about the company on their official webiste
Hence, the company’s initiative, combined with its growing base is something that is attracting investors into the business.
It’s better to invest when such a promising company is still in its early years, isn’t it?
Amongst many of its products, this company has developed modular frying robots like the Flippy, for instance, which is a grill-function robot that prepares grilled burgers.
What’s amazing about this particular product is its ability to move bugger patties into another compartment nowhere the hot grill is built, and its accuracy in keeping to the time of preparing the grilled burger and keeping watch of the certain temperature suitable for the cooking process.
Other products that have been developed by this amazing company include the Sippy and CookRight.
Miso Robotics continues to acknowledge its increased demand for its restaurant back-of-house technology solutions, efficiency in terms of an increased number of food outlets and quality in restaurants, and also, a reduced probability of poor good safety and hygiene.
Generally, the notation of cooking robots as ‘essential’ is now being recognized, so for a growing robotics company like Miso Robotics, what do you think about the profits and gains the investors in such a company? Of course, they are gaining!
Reasons Why Investors Are Eager For Miso Robotics Stock Ipo?
- Miso Robotics has now attained a valuation of $500 million just at the kick-off of their Series E funding round. This figure itself explains just how rapidly Miso Robotics is growing. Why wouldn’t this appear delicious for the investors?
- Miso Robotics’ success and progress are said to be a reflection of the aftermath of the funding rounds of Series C and D. Based on the principles of equity finding, this explains why the company was able to successfully raise over $50 million, coupled with accumulating over 15,000 investors, this is no longer surprising why Miso Robotics is excelling. The company is still sticking to increasing its workforce and they’re responding to the demands of the buzzing marketplace.
- As of February, the company launch the Series E funding with a target of raising about $40 million, their intentions directed towards responding to the multiplying demands of kitchen-solving-problem robots in the buzzing marketplace, and also reinforcing their workforce.
Based on personal observation, I believe that what Miso Robotics needs to take on their company to the next level is through the introduction of a Miso Robotics IPO.
The success story behind their equity crowdfunding by private investors is quite a unique one, but I believe amateur investors can foresee where Miso Robotics is headed. Based on its recent announcements on partnering with popular food companies like the Wing Zone and Jack in the box to pilot Miso Robotics’ new and improved products (e.g, Flippy2 and Sippy) into their lines of soon-to-be-built restaurants, this only proves the intention of Miso Robotics of wanting to get bigger.
In a general sense, a market overview analyzed over a span between 2020-2028, reads the global cooking robot market of 2019 to be at $86.170 million and is further projected to have ascertained a value of $322.568 million by the end of 2028.
Imagine such a spontaneous and massive growth! This analysis is convincing enough to instill into the minds of investors that they have got a chance to succeed in investing in companies like Miso Robotics.
We can’t be certain about brewing ideas the company has installed for the future which are yet to be made into actuality as a result of inadequate funds?
I can’t tell, but investors are eagerly waiting for this to happen. Though, there has been no significant announcement made by the Miso Robotics company about having a stock IPO.