GoodBytz

Hamburg, Germany Founded: 2021 • Age: 5 yrs
Robotic solutions for professional kitchens are provided by GoodBytz.
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About GoodBytz

GoodBytz is a company based in Hamburg (Germany) founded in 2021.. GoodBytz has raised $15.5 million across 2 funding rounds from investors including Oyster Bay and Block Gruppe. GoodBytz offers products and services including eric, alice, and felix. GoodBytz operates in a competitive market with competitors including Hyphen, Aniai, Vebu, Botinkit and TechMagic, among others.

  • Headquarter Hamburg, Germany
  • Sectors
    Consumer
    Industrial Goods & Manufacturing
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Goodbytz Gmbh
Operational Areas
Consumer → Food, Beverage & Nutrition
Industrial Goods & Manufacturing → Robotics, Automation & Smart Systems
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $15.5 M (USD)

    in 2 rounds

  • Latest Funding Round
    $12.74 M (USD), Series A

    Oct 24, 2023

  • Investors
    Oyster Bay

    & 1 more

  • Employee Count
    Employee Count
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Products & Services of GoodBytz

GoodBytz offers a comprehensive portfolio of products and services, including eric, alice, and felix. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Fully autonomous system for continuous food preparation in business settings.

Operates in two modes for peak and off-peak times in hotels and co-working spaces.

Provides flexibility for shopping malls and gastronomy with creative freedom.

People of GoodBytz
Headcount 10-50
Employee Profiles 15
Employee Profiles
People
Till Staude
Softwareingenieur
People
Tom Sureck
Data Scientist
People
Lucas Marks
Head Of Manufacturing
People
Michael Wolf
Head Of Culinary Art

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Funding Insights of GoodBytz

GoodBytz has successfully raised a total of $15.5M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $12.74 million completed in October 2023. 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 Rounds 2
  • Last Round Series A — $12.7M
  • First Round

    (30 Mar 2022)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2023 Amount Series A - GoodBytz Valuation Oyster Bay , Block Gruppe
Mar, 2022 Amount Seed - GoodBytz Valuation Oyster Bay
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in GoodBytz

GoodBytz has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Oyster Bay and Block Gruppe. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital investments are made in food and beverage tech startups.
Founded Year Domain Location
Operates restaurants, hotels, and sustainable food production in Europe.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by GoodBytz

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - GoodBytz

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Goodbytz Comparisons

Employees
+
Add Comparison
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Competitors of GoodBytz

GoodBytz 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 Hyphen, Aniai, Vebu, Botinkit and TechMagic, 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
Automated kitchen operations are enabled through AI and sensors.
domain founded_year HQ Location
Food service robotics are developed for restaurant operations.
domain founded_year HQ Location
Robotic food automation solutions are developed and constructed.
domain founded_year HQ Location
AI-driven digital kitchen solutions are provided for global businesses.
domain founded_year HQ Location
AI-based food cooking robots are developed for automation.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Goodbytz

Frequently Asked Questions about GoodBytz

When was GoodBytz founded?

GoodBytz was founded in 2021 and raised its 1st funding round 1 year after it was founded.

Where is GoodBytz located?

GoodBytz is headquartered in Hamburg, Germany. It is registered at Hamburg, Hamburg, Germany.

Is GoodBytz a funded company?

GoodBytz is a funded company, having raised a total of $15.5M across 2 funding rounds to date. The company's 1st funding round was a Seed of $2.76M, raised on Mar 30, 2022.

What does GoodBytz do?

GoodBytz was founded in 2021 and is based in Hamburg, Germany. Robotic solutions tailored for professional kitchens are developed and supplied by the company. These include robotic kitchen assistants designed to support food preparation tasks. Operations focus on the food service sector, where automation tools are integrated to handle routine processes in commercial environments. The domain goodbytz.com serves as the primary online presence.

Who are the top competitors of GoodBytz?

GoodBytz's top competitors include Vebu, Hyphen and Botinkit.

What products or services does GoodBytz offer?

GoodBytz offers eric, alice, and felix.

Who are GoodBytz's investors?

GoodBytz has 2 investors. Key investors include Oyster Bay, and Block Gruppe.

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