Miso Robotics to Expand Robotic Fast-Food Fryers

After closing a $35 million series D round in December, Miso Robotics, the startup developing autonomous kitchen assistants, has opened a new financing round. The firm has raised to $60 million to date and is aiming for an additional $40 million. The startup said it plans to use the funds to grow its workforce and “rapidly satisfy the product demand it is facing in the marketplace.” “This next round will propel us forward to install in more kitchens and further increase our partners’ capabilities and positively impact their bottom line through automation,” said Mike Bell, CEO at Miso Robotics. Miso also declared a seven-for-one split of its common stock. The startup’s board of directors took the measure “in response to the traction the company is experiencing in the marketplace and with retail investors.”