Nory serves up AI restaurant efficiencies with $37m raise
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3 Articles
Restaurant tech firm closes £27m Series B funding round
Nory, which offers restaurant management software, has closed a Series B funding round totalling $37m (£27.1m) as it looks to help the industry cope with issues like staff shortages and increased costs using artificial intelligence. The round, which was supported by investors such as Kinnevik, Accel, Base10, Triple Point and Samaipata, follows Nory’s May 2024 Series A investment campaign. Since launching in 2022, the London-headquartered startu…
Nory raises £27m as it doubles down on building AI assistants
A London-based AI-native restaurant management system for hospitality businesses has raised £27 million in Series B funding, bringing total funding to £46m. Kinnevik led the investment round for Nory, which has experienced a period of rapid growth amid the company doubling down on building AI assistants and global expansion. The news comes just one year after the firm’s Series A, led by Accel, who also participated in this round alongside exis…
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