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Another robot pizza startup has shut down. Commercial Pizza Line Equipment
According to an email sent to The Spoon, the Paris-based startup had seen its assets liquidated by a French court. The company, which had attempted to find a buyer, closed the doors of its two restaurants last Monday and will lay off its remaining 35 employees in the coming days.
It’s a sad ending for one of the robotic restaurant industry’s earliest startups. The company, which started as EKIM and worked on its technology for the better part of a decade, opened the doors on its first restaurant a little over a year ago in Beaubourg in Paris, France after running a pilot in the Paris suburb of Marne-la-Vallée starting in 2019. The company would raise over €12M in funding.
In a post written on Linkedin, Pazzi CEO Philippe Goldman said he felt the company ultimately didn’t survive in large part due to a combination of an immature French hardware startup ecosystem and a mistrust of robotics by the general public.
…”the hardware eco-system in France is immature and insufficient both in terms of public and institutional funding, the valuation of industrial or robotic nuggets is low vs. a dominant software culture and there is a general mistrust of the population towards robotics, condemned to steal only jobs,” wrote Goldman.
The news is the latest in what’s been a string of bad news on the pizza robotics front. In May we got news of Basil Street taking final bids on their assets, and in July The Spoon broke the news that the OG pizza vending machine startup Pizzametry was looking for a buyer.
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