DoorDash announced yesterday that it is buying Chowbotics, a startup that uses robotics to make salads and bowls. Terms of the deal were not disclosed, but the Wall Street Journal reports that "Chowbotics was valued at $46 million in 2018, when it last raised money."
The Journal writes that DoorDash is exploring how to deploy Chowbotics' technology "across restaurants, a person familiar with the matter said. Ideas include using the technology to help restaurants expand their menu - such as enabling a pizzeria to offer salads - or to allow a salad bar to try out new locations- a kiosk at an airport, for instance - without the need for more manpower."
- KC's View:
Am I wrong, or does this deal sound like it positions DoorDash to act as a competitor to its restaurant clients, as opposed to just a service provider?
Because that's how it reads to me.