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Wednesday, October 5, 2022

Jay-Z Invests $16.5 Million Into Robot-Powered Restaurant

 


JAY-Z continues to expand his business portfolio with a series of sound investments. His most recent uptaking includes investing $16.5 million USD into a soon-to-launch mobile robot-powered pizza restaurant, Stellar Pizza.


Business mogul JAY-Z has entered the Series A financing round with his venture capital firm Marcy Venture Partners, who hae also invested in major consumer brands including Therabody and Savage x Fenty. Stella Pizza is hoping to becoming the future of pizza delivery with its automated, robotic pizza truck.


Stellar Pizza is slated to launch at the University of California this Fall. Currently, the truck has a capacity of making 420 pizzas, with a single pizza taking less than five minutes to prepare.

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