ROLO Robotics Secures $3.45 Million in Seed Round
ROLO Robotics, a Singapore-based food robotics company, has raised $3.45 million in an oversubscribed Seed round led by BEENEXT.
The round saw participation from notable investors, including Blueprint Ventures, TIS Japan, and Seedstars, with continued support from strategic angels Valentin Schillo and Gilbert Rodrigues.
Addressing Labor Shortages
Labor shortages are a growing global problem, driving up consumer prices. In developed markets, food operators face challenges such as mounting labor shortages, soaring wages, and tightening margins.
- In Singapore, F&B wages have risen 40–50% over five years.
- Turnover exceeds 100% annually.
- Rising rents, food costs, and compliance costs further strain profitability.
Labor shortages, soaring wages, and tightening margins are key challenges for food operators today.
Despite shrinking margins, demand for variety and optionality continues to soar.
Author's summary: ROLO Robotics raises $3.45 million to scale autonomous micro-kitchens.