Robot and Artificial Intelligence (AI)-based Kitchen Operation Service

[INQ. NO. 2306E03] WAVE, a robot and artificial intelligence (AI)-based kitchen operation servicecompany, has announced its plans to enter Riyadh, the capital of Saudi Arabia, within this year.
WAVE’s intends to start by introducing its kitchen automation robot system to major resorts and catering stores in Riyadh, after which it plans to expand its markets to include other countries in the Middle East and further afield.
The company is determined to introduce kitchen automation robots to restaurants, hotels, and resorts throughout the Middle East, starting from Saudi Arabia, and thereafter to enter K-food stores in the United States.

Operating a kitchen operation agency service based on an AI robot system and selling kitchen automation robots by store unit
WAVE not only operates a kitchen operation agency service based on an AI robot system, but also sells kitchen automation robots by store unit. Once the company’s robot system is introduced, it is possible to cook up to 30 brands of food in one kitchen by dividing the space for each stage of cooking, from preparation to combination, semicooking, and packaging.
WAVE attracted a pre-series A investment of 5 billion won in November 2021, followed by a series A1 investment of 4 billion won in March this year.
A spokesperson for the company remarked, “We are aiming to complete the series A round with a scale of 10 billion won by the second half of this year.”
WAVE has entered into cooperative partnerships with various brands, and provides kitchen operation services that allow food service brands to expand their business more conveniently and quickly through robots and artificial intelligence technology — without having to perform the difficult kitchen operations themselves.

 
 
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