FTPA advised Cook-e on its €5 million fundraising round

October 25 2023

FTPA assisted Cook-e, the leading French start-up in food service robotics, in its recent €5 million fundraising. This operation will enable Cook-e to pursue its mission of bringing revolutionary solutions to the foodservice industry through its innovative robotics technology.

Cook-e, already renowned for its innovative technology, has created a revolutionary robotic cooking system that can prepare a variety of hot and cold dishes with consistent precision and quality of execution. Cook-e provides a sustainable solution by automatising repetitive tasks and allowing employees to concentrate on higher value-added activities. This technology promises to transform the foodservice industry by addressing labor shortages and the economic challenges faced by restaurants and foodservices, including the imperative to improve operational efficiency to ensure competitive margins.

The fundraising, which took place in two rounds, was closed with the participation of several key investors, including Breega, VisVires New Protein and High Flyers Capital, testifying the market’s confidence in Cook-e’s potential to revolutionize the sector.

This transaction will enable Cook-e to carry out pilot projects with several major food service and hospitality groups, including Sodexo, with an ambitious target of deploying 1,500 robots by 2027.

FTPA acted for Cooke-e with a private equity team comprising Charles-Philippe Letellier (partner), Mayssa Sader and Noëmie Rivas (associates).