Zume reportedly snags $375 million from SoftBank for its robotic food operations

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Zume, the robotics and logistics company that got its start slinging pizza, just raised $375 million from SoftBank, the WSJ first reported. Another firm is also looking to invest an additional $375 million, which would value the company at a $1.5 billion pre-money valuation, a source close to the matter told TechCrunch.* The round comes a couple of months after reports that SoftBank is looking to invest anywhere from $500 million to $750 million in Zume.

“We’ve recently closed a round of funding to support our growth and hiring,” Zume CEO Alex Garden said in a statement.

Zume, however, declined to comment on where the funding came from. The company, which launched in 2015, uses robotics, artificial intelligence, automation and mobile kitchen technologies

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