36Kr Exclusive: Buting Technology Completes Over $10 Million in Series A++ Financing to Accelerate the Process of AI Digital Kitchen.

Author | Zhang Ziyi

Editor | Peng Xiaoqiu

36Kr has learned that Buting Technology has recently completed a new round of A++ round of financing, with the amount of financing exceeding tens of millions of US dollars. This round of financing is led by CCV, and Xingchen Capital serves as the long-term exclusive financial advisor for the financing.

This is another financing completed by Buting Technology within half a year after the A+ round of financing.

Buting Technology was established in 2021 and is a company that 36Kr has been following for a long time. The company is committed to promoting the intelligent transformation of the catering industry through AI, the Internet of Things, and robotics technology. Using its solutions to help chain catering brands achieve efficient operations and support customers' global expansion.

36Kr understands that the intelligent cooking robot is the core of Buting Technology's digital kitchen solution. With multi-dimensional sensing technology, the robot can fully automatically and precisely control the temperature and seasoning, and is equipped with 6A automated functions such as automatic cleaning, dish serving, and intelligent voice, to ensure the consistency of dish flavors in global stores. The innovative 3D cooking mode precisely controls the movement of the pot body, combined with the self-developed IH heating technology, to achieve high-precision power control and a maximum temperature control of 350°C, meeting the cooking needs of various dishes. The self-developed MAD adaptive learning seasoning algorithm optimizes the flavor variables in the cooking process in real time to precisely adapt to the flavor needs of different markets.

In the human-machine collaboration mode, Buting's intelligent cooking robot can improve the operational flexibility of the kitchen, reduce the reliance on manual labor, and help catering enterprises more efficiently cope with diversified market challenges.

In addition, combined with the cloud solution provided by Buting Technology (covering data sharing such as recipes, ingredients, and operation management), catering enterprises can achieve efficient collaboration and rapid response globally. Through the deep integration of robots with an innovative intelligent scheduling and data monitoring system, enterprises can maintain stable services during peak periods, optimize resource allocation and capacity utilization, and further improve the operational model of the global catering industry.

In terms of market expansion, Buting Technology stated that in the past four years, the company's digital kitchen technology has been successfully implemented in 24 countries and regions around the world, covering multiple scenarios such as chain restaurants, supermarkets, hotels, and airline catering.

Through the combination of intelligent software and hardware, Buting Technology supports the efficient management of catering enterprises in markets such as Asia, North America, and Europe, reduces the reliance on manual labor, and ensures the consistency of food quality and flavor. Buting Technology has set up dozens of service outlets worldwide to support the global development of cooperative customers.

The back kitchen scene of a new global store of a well-known brand: 6 Buting Technology Omni intelligent cooking robots are operating efficiently, provided by the enterprise

It is understood that in the cooperation with dnata, a global airline catering service giant under the Emirates Group, by introducing intelligent cooking robots, Buting Technology has helped dnata achieve a successful digital transformation of the kitchen and improve its operational efficiency and catering quality.

Robin Padgett, CEO of dnata Catering & Retail, said: "We are excited about the excellent initial results and will continue to work closely with Buting Technology to expand the use of robots to meet our needs for automated cooking and high-quality catering services."

Buting Technology said that with the company's support, a well-known brand has successfully opened more than 20 new stores in nearly 10 countries around the world within one year, overcoming the dual challenges of regional differences and talent shortages, and achieving a dual guarantee of quality and efficiency.

Chen Rui, the founder and CEO of Buting Technology, told 36Kr: "Buting Technology will continue to promote technological innovation, contribute to the wave of transformation from traditional kitchens to digital kitchens worldwide, and help customers achieve values such as digital transformation, efficient operation, global expansion, and innovative models. With stronger R & D strength and manufacturing and delivery capabilities, and refined market services, it provides more efficient overall AI digital kitchen solutions for global customers."

Investor's Perspective:

Zhou Wei, Founding Managing Partner of CCV: We value Buting Technology's global strategic vision and solid execution ability, as well as its innovation ability in technology and business models. As the global leader in AI digital kitchen solutions, they leverage China's deep supply chain advantages to promote the research and development and global popularization of kitchen automation technology, helping the global catering industry achieve efficient and standardized transformation.