Miso Robotics Opens Series E Funding Round and Announces Seven-for-One Stock Split | Miso Robotics (2024)

FAQs

Did Miso Robotics stock split? ›

In response to the traction the company is experiencing in the marketplace and with retail investors, Miso Robotics' Board of Directors has declared a seven-for-one split of its common stock.

Miso Robotics stock has no price because it is not yet publicly traded on retail investor platforms. However, the company's valuation sits at $500 million.

Miso Robotics is a private company and not publicly traded.

What Is The Future Of Miso Robotics? The future of Miso Robotics looks promising, as the market for robotic solutions in the food service industry is expected to grow significantly in the coming years. The global restaurant and food service sector could be worth as much as $56.3 billion by 2027.

Cleaning and hygiene giant Ecolab is teaming up with Miso Robotics, the company that makes Flippy the automated fry cook.

Today, Miso Robotics – the company transforming the restaurant industry with robotics and intelligent automation – announced a new partnership and multi-million dollar investment from the world's water, hygiene and infection prevention company, Ecolab.

With financial backing from Bill Gates and Becton Dickinson, among others, robotics startup Vicarious Surgical has garnered attention from Wall Street as it looks to take on bigger, established players in the abdominal robotic surgery market.

Who invested in Miso Robotics ? Miso Robotics has 12 investors including Ecolab and Yosef Hertz . How much funding has Miso Robotics raised to date? Miso Robotics has raised $96.3M .

What is the future of Miso Robotics? Miso Robotics may be able to access a sizable market. According to Statista, the restaurant and food service sector will be worth $34.25 billion globally in 2022. By 2027, the restaurant and food service sector, according to Statista, could be worth $56.3 billion.

How many employees does Miso Robotics have? ›

Miso Robotics's revenue is $3.0 million.

Miso Robotics has 53 employees, and the revenue per employee ratio is $56,603. Miso Robotics peak revenue was $3.0M in 2022.

Miso Robotics launched in 2016 to create the world's first autonomous robotic kitchen assistant for commercial kitchens. Automation is important for the restaurant and prepared food industries, which are struggling to make a meaningful profit due to the increase in labor cost.

Silas Adekunle is a renowned robotics engineer from Nigeria, who has gained worldwide recognition for his groundbreaking inventions in the field of robotics. He became the world's highest-paid robotics engineer at the age of 31, owing to his extraordinary skills and exceptional talent.

The average robotics engineer salary in the US is $85,936 per year. According to Glassdoor, robotics engineers also earn an average additional pay of $14,337. Additional income may include profit sharing, bonuses, or commissions. In total, the average estimated yearly wage for robotics engineers is $100,273 [1].

The company is a global brand with a $40B market capitalization and is a leading supplier to the restaurant industry. The investment and the partnership will help Miso develop an exciting new category of robotic solutions in the restaurant industry.

The big four

The four largest manufacturers of industrial robots are Fanuc and Yaskawa of Japan, KUKA of Germany and ABB of Switzerland.

Tesla Bot. The latest development comes days after Tesla announced its advanced humanoid known as Optimus or Tesla Bot. There have been numerous videos on the internet that showcase the capabilities of the robot developed by the company owned by Elon Musk.

Flippy 2 | Miso Robotics.

Working on behalf of the company is London-based machining startup called Geomiq, which Popular Mechanics reports will select one person and plaster their face on thousands of humanoid robots meant to serve as virtual companions for the elderly.

Mike Bell is the Chief Executive Officer at Miso Robotics .

How much did Miso Robotics flippy cost? ›

The robot cost $50 million to develop, $5,000 to deploy in the kitchen, and $3,500 per month to rent. Flippy is a major investment by its manufacturer, Miso Robotics.

Form Energy Inc., an energy-storage company backed by Bill Gates's Breakthrough Energy Ventures, is planning a $760 million factory in West Virginia, the latest plant announced in the aftermath of President Joe Biden's landmark climate law.

Microsoft co-founder Bill Gates says the development of artificial intelligence (AI) is the most important technological advance in decades. In a blog post on Tuesday, he called it as fundamental as the creation of the microprocessor, the personal computer, the Internet, and the mobile phone.

Canadian National Railway Company (NYSE:CNI), Deere & Company (NYSE:DE), Berkshire Hathaway Inc. (NYSE:BRK-A), and Microsoft Corporation (NASDAQ:MSFT). are some of Bill Gates' biggest investments. Click to continue reading and see Bill Gates' Most Recent Portfolio: Top 5 Stock Picks.

It is becoming increasingly important as it enables companies to automate tasks and processes, which can improve efficiency and productivity. Additionally, robotics offers opportunities for investors in the form of stocks or Exchange-Traded Funds (ETFs) that focus on this industry.

Unimation, Inc — the first robotics company in the world — was formed when Devol met Joseph Engelberger in 1956. While Devol invented the robot, his entrepreneurial partner is credited with the successful marketing of the Unimate to manufacturers.

By 2025, a machine may be putting together your autonomous cars in a factory with no human oversight. A robot house keeper could be cleaning up after you at home, and your financial advisor might be a computer investing for you automatically.

AMECA (ENGINEERED ARTS)

Ameca is the world's most advanced, most realistic humanoid robot created by Engineered Arts in 2021. Ameca's first video was released publicly on Dec 1, 2021, and received a lot of attention on Twitter and TikTok.

Artificial intelligence and robots are not just challenging blue-collar jobs; they are starting to take over white-collar professions as well. Financial and sports reporters, online marketers, surgeons, anesthesiologists, and financial analysts are already in danger of being replaced by robots.

As of now, there have been no official announcements for the Miso Robotics IPO. For now, the company seems to be focusing on its growth and fundraising efforts before making plans for a public debut. However, investors think the company may list on the public markets sooner than expected.

What is the name of the famous Robotics firm? ›

Possible competitors of Miko may include Athrv-ed, Bots 'N Brains, Codeedutech and 7 others.

Robotics Engineer salary in India ranges between ₹ 1.8 Lakhs to ₹ 8.0 Lakhs with an average annual salary of ₹ 3.5 Lakhs.

The average robotics engineer salary ranges between $70,000 and $144,000 in the US. Robotics engineers' hourly rates in the US typically range between $33 and $69 an hour. Robotics engineers earn the highest salaries in Nevada (133,064), California (122,741), and Wyoming (115,968).

The minimum to invest in Miso Robotics is $1,493. There are also a variety of perks.

Cincinnati-based Wings and Rings is the latest to sign up for Flippy, an AI-powered robotic arm that can handle all parts of the frying process. White Castle, Chipotle, Jack in the Box, Buffalo Wild Wings, Wing Zone and Dubai-based Americana Restaurants are all using the robot.

Aesop, as the system was called, was the first FDA-approved surgical robot and the first voice-controlled equipment to be used in the OR.

Average NASA Jet Propulsion Laboratory Robotics Engineer yearly pay in Texas is approximately $130,247, which is 34% above the national average. Salary information comes from 6 data points collected directly from employees, users, and past and present job advertisem*nts on Indeed in the past 36 months.

The national average salary for a Robotics Engineer is US$86,546 per year in United States. Filter by location to see a Robotics Engineer salaries in your area. Salaries estimates are based on 850 salaries submitted anonymously to Glassdoor by a Robotics Engineer employees.

How much does MIT pay robotics engineer? ›

The estimated total pay for a Robotics Software Engineer at MIT is $121,770 per year.

Is it hard to get into robotics? Yes, it is hard to get into robotics because the field requires a candidate with extensive software, hardware, AI, and engineering skills.

You'll be surprised to learn that salaries for robotics engineers at NASA's Jet Propulsion Laboratory range from $88,634 to $222,101 per year, with the average salary being $138,709 per year.

Robotics engineers, like any other professions in the engineering discipline, will need to be strong in math and sciences.

Miso Robotics's valuation in May 2022 was $78.22 - $83.78M.

Miso products are purchased with a simple RaaS (Robots-as-a-Service) monthly pricing. Fees include hardware, software updates, routine professional maintenance, service calls, training and 24/7 live support. Flippy 2 starts around $3,000 per month depending on configuration options.

TSMC stock (symbol: TSM) underwent a total of 10 stock splits. The most recent stock split occured on July 15th, 2009.

Stock Price Forecast

The 7 analysts offering 12-month price forecasts for Taiwan Semiconductor Manufacturing Co Ltd have a median target of 113.00, with a high estimate of 126.00 and a low estimate of 85.00. The median estimate represents a +10.10% increase from the last price of 102.63.

How high will TSMC stock go? ›

This is based on 5 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The highest analyst price target is $128.00 ,the lowest forecast is $117.00. The average price target represents 20.56% Increase from the current price of $100.92.

TSMC currently has an average brokerage recommendation (ABR) of 1.43, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by seven brokerage firms. An ABR of 1.43 approximates between Strong Buy and Buy.

Stock splits in 2023

Thus far in 2023, the only high-profile stock splits are from Monster Beverage Corp., PACCAR Inc., and Churchill Downs. The energy drink leader announced the stock split during its fourth-quarter 2022 financial update on Feb. 28, 2023.

Does it matter to buy before or after a stock split? If you buy a stock before it splits, you'll pay more per share than what it'll cost after it splits. If you're looking to buy into a stock at a cheaper price, you may want to wait until after the stock split.

Miso Robotics has 53 employees, and the revenue per employee ratio is $56,603. Miso Robotics peak revenue was $3.0M in 2022.