About Aitme
Aitme is a company based in Berlin (Germany) founded in 2019 by Julian Stoss was acquired by Circus Kitchens in August 2023.. Aitme has raised $12.58 million across 2 funding rounds from investors including Rocket Internet, Circus Kitchens and Vorwerk Ventures. Aitme operates in a competitive market with competitors including Pudu Robotics, SJW Robotics, Spyce, Pazzi and CaliBurger, among others.
- Headquarter Berlin, Germany
- Founders Julian Stoss
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Sectors
ConsumerIndustrial Goods & Manufacturing
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Aitme Gmbh
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$12.58 M (USD)
in 2 rounds
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Latest Funding Round
$9 M (USD), Series A
Jun 15, 2021
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Investors
Rocket Internet
& 7 more
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Employee Count
Employee Count
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Acquired by
Circus Kitchens
(Aug 29, 2023)
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Funding Insights of Aitme
Aitme has successfully raised a total of $12.58M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $9 million completed in June 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series A — $9.0M
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First Round
First Round
(22 Mar 2021)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2021 | Amount | Series A - Aitme | Valuation | Vorwerk Ventures , HV Capital | |
| Mar, 2021 | Amount | Series A - Aitme | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Aitme
Aitme has secured backing from 8 investors, including venture fund and angel investors. Prominent investors backing the company include Rocket Internet, Circus Kitchens and Vorwerk Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Vorwerk Ventures is engaged in venture capital funding for tech startups.
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Founded Year | Domain | Location | |
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Venture capital funding is provided to digital company founders.
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Founded Year | Domain | Location | |
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Venture capital firm focused on early stage companies
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Aitme
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Aitme
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Aitme Comparisons
Competitors of Aitme
Aitme operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Pudu Robotics, SJW Robotics, Spyce, Pazzi and CaliBurger, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Delivery robots are supplied for restaurants and diverse industries.
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| domain | founded_year | HQ Location |
Automated food kiosks are supplied for restaurants and public venues.
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| domain | founded_year | HQ Location |
Robotic kitchen employed in Boston for cooking grain bowls.
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| domain | founded_year | HQ Location |
Pizzeria operated with robotic kitchen for customized on-demand pizzas.
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| domain | founded_year | HQ Location |
Burgers and related items are served by robotic kitchen chains.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Aitme
Frequently Asked Questions about Aitme
When was Aitme founded?
Aitme was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Where is Aitme located?
Aitme is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Is Aitme a funded company?
Aitme is a funded company, having raised a total of $12.58M across 2 funding rounds to date. The company's 1st funding round was a Series A of $3.58M, raised on Mar 22, 2021.
What does Aitme do?
Founded in 2019 and based in Berlin, Germany, Aitme focuses on the robotics and AI sector for kitchen automation. Robots are created to handle dish preparation with fresh ingredients and nutritional data integration. Live cooking processes are automated in line with chefs recipes. Customization options for bowls are provided to align with individual preferences, accessible via aitme.com.
Who are the top competitors of Aitme?
Aitme's top competitors include Pudu Robotics, Spyce and Pazzi.
Who are Aitme's investors?
Aitme has 8 investors. Key investors include Rocket Internet, Circus Kitchens, Vorwerk Ventures, HV Capital, and La Famiglia.