Ocado takes stake in 'game-changer' robotics start-up
Ocado has acquired a minority stake in a robotics start-up it says has the “potential to revolutionise” the preparation of ready-to-eat meals.
Karakuri’s machines automate the assembly of ready-to-eat meals in the fast, casual, healthy food sector.
The machines will be used to assemble a wide range of food-to-go boxed meals and can use up to 48 food items to create various options.
Ocado has invested £4.75m in an 18% share of the company and will have a seat on the board. If Ocado meets pre-agreed targets in the take-up of Karakuri’s technology, it will then be given a right to purchase additional shares in the company.
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