
Wave Lifestyle Tech
A leading food tech company that helps food service brands through robots and artificial intelligence technology.
Date | Investors | Amount | Round |
---|---|---|---|
investor investor | €0.0 | round | |
investor investor investor investor investor | €0.0 | round | |
* | KRW4.0b Valuation: KRW25.0b | Series A | |
Total Funding | 000k |
USD | 2023 |
---|---|
Revenues | 0000 |
EBITDA | 0000 |
Profit | 0000 |
EV | 0000 |
EV / revenue | 00.0x |
EV / EBITDA | 00.0x |
R&D budget | 0000 |
Source: Dealroom estimates
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WaveHQ operates in the food and beverage (F&B) industry, providing cutting-edge automated kitchen solutions that leverage robotics and artificial intelligence (AI). The company's core product is a suite of robotic systems designed to handle various kitchen tasks, such as boiling, frying, stir-frying, and precise temperature control. These systems are waterproof and feature user-friendly control panels, making them suitable for daily use in high-demand environments.
WaveHQ serves a diverse range of clients, including restaurant brands, YouTube creators, influencers, and chefs. The company operates in the global F&B market, focusing on enhancing kitchen efficiency and enabling rapid business expansion without the need for extensive kitchen management. Their business model revolves around providing both hardware (robotic kitchen systems) and services (kitchen operation management), generating revenue through sales, leasing, and service contracts.
The company has successfully tested its solutions in real-world settings, such as a delivery bowl restaurant in Gwanak-gu and a private pop-up event featuring a collaboration with Michelin-starred Chef Jang Jin Mo. These events showcased the capabilities of WaveHQ's Double Pan Frying Steak Robot and other automated systems.
WaveHQ's mission is to extend the reach of F&B brands in the delivery market by managing all essential kitchen tasks. This allows brands to focus on menu development and customer engagement while WaveHQ handles the operational aspects. The company prides itself on a culture of continuous improvement, aiming to set new standards in the industry through persistent innovation and excellence.
Keywords: automated kitchen solutions, robotics, AI, F&B industry, restaurant operations, delivery market, kitchen efficiency, temperature control, waterproof systems, culinary automation.