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Karakuri

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Fully-customizable catering system, combining robotics, AI and machine sensing

London, United KingdomFounded 2018Robotics
Valuation $25–50M Last recorded · 2020
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About Karakuri

Karakuri was a London-based robotics company established in 2018 by co-founders Barney Wragg, Simon Watt, and Brent Hoberman. The firm focused on developing automated food preparation systems for the Quick Service Restaurant (QSR) and fast-casual dining markets. CEO and co-founder Barney Wragg brought a varied background to the venture, with experience in the technology sector at ARM and in the music industry with companies like Universal and EMI. This blend of technology and consumer-facing business experience informed Karakuri's mission to address food waste and operational inefficiencies in commercial kitchens through robotics. The company emerged from the Founders Factory venture studio, which was co-founded by Brent Hoberman, a serial entrepreneur also known for lastminute.com and MADE.COM.

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Karakuri's business model centered on providing robotic systems as a service, aiming to improve food quality, consistency, and efficiency. The company offered its solutions through a "Performance Partnership" model, where clients paid a monthly fee that aligned with their sales volume, creating a shared risk and reward structure. This approach was intended to lower the barrier to entry for restaurants to adopt automation. Their target clients were QSRs, fast-casual restaurants, and commercial canteens, aiming to integrate their technology seamlessly into existing kitchen layouts. One of its flagship products was the /FRYR family of automated fry lines, such as the /FRYR210, which used robotics and data analysis to manage frying, from portion control to cooking time, capable of producing up to 60kg of fries per hour. Another key product was the SEMBLR (formerly DK-One), a meal assembly robot that could dispense from numerous hot and cold ingredients to create personalized meals, producing up to 360 meals per hour. The systems were designed to reduce food waste, minimize packaging, and allow kitchen staff to focus on more customer-facing roles.

The company secured significant investment, including a notable £4.75 million from online grocer Ocado in 2019 for an 18% stake, which saw the potential for Karakuri's technology in ready-to-eat meal preparation. Over its lifetime, Karakuri raised a total of approximately £13.5 million from investors such as Firstminute Capital and Founders Factory. The company achieved milestones such as successful trials of its /FRYR system with Nando's UK and deploying its Semblr robot at Ocado's headquarters. Despite these developments and early promise, Karakuri faced challenges in securing further funding, impacted by external factors like the pandemic and the collapse of Silicon Valley Bank. After negotiations for a rescue deal with food-service equipment manufacturer Henny Penny fell through, the company began to wind down its operations in June 2023, eventually appointing an administrator. Some of the company's assets, including prototypes and intellectual property, were later sold to Henny Penny.

Source: Dealroom company data

At a glance

Status
Closed
Founded
2018
Headquarters
London, United Kingdom
Employees
11
Open positions
None listed
Dealroom signal
0.0/100
Sub-industry
In-store Retail & Restaurant Tech
Sector
Robotics, Catering, Core AI, Cooking Tech, iSensing & Robotics, Restaurant Tech, Hard Tech, Service Robots
Technology
Artificial Intelligence, Hardware, Deep Tech, Autonomous & Sensor Tech
Business model
Manufacturing
Client focus
b2b

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
GRANT✓Other financing Feb 2022 $449K — Undisclosed —
EARLY VC✓Equity / VC Dec 2020 $8.3M $48M Future Fund · Taylor Brothers · Hoxton Ventures · Ocado —
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Growth signals

Karakuri website traffic

Latest recorded traffic for Karakuri is 250 monthly website visits, down 82.1% over the last three months. Karakuri's team grew 0% over the past year.

Latest monthly visits250 3-month web change-82.1% 1-year team growth0%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

9 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed4 investors entered at this stage

Series A2 investors entered at this stage

  • Future Fund
  • Taylor Brothers

Other known investors3 additional known investors

Team profiled 9 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇬🇧 United Kingdom · London HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Karakuri on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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