Question 1

Does this only work with disposable cups? Used coffee cups are not recyclable or compostable.

Accepted Answer

We do have lots of close friends asking us these questions. We are going to use biodegradable/recyclable paper cups as much as the business allows.

Question 2

Interested in investing but have a few questions. (1) How did you calculate a valuation of 25 million? (2) Can you further explain a little more about these pre-orders? Is is just a matter of manufacturing the kiosks with supporting software, etc. or are there other terms that...

Accepted Answer

(1) YC advice is not how we evaluate our company. Valuation is determined upon investor confidence (risk factor) x the market we are proving. The market size is so large that the first robotic company that proves it will be greatly rewarded, as well as people who invested. We believe we are going to be the first company to prove this market on an impactful scale. The current valuation is much lower than series A. (2) The preorders are functioning as letters of Intent and queuing. It is like h...

Question 3

Hello, congrats on the success so far and your robot looks amazing! I am a potential investor. Questions: (1) What is the competitive advantage of YF vs. other robotic coffee bars/shops out there? Simply doing a quick google search, there are competitors like CafeX, Rozum Café...

Accepted Answer

(1)(2) Our team is comprised of talented engineers who graduated from one of the best electrical engineering institutes. We built the system from scratch. We have lots of IPs pending that can set us apart from our competitors but we can't disclose it publicly now. We don't think of other robotic companies as competitors because the market is still very unoccupied. The actual competitors are old lifestyle&coffee providers like chained coffee shops. Please think of this question, how often ...

Question 4

Hello, due to the pending form C I just made a small investment for now. With all the help wanted signs on every restaurant and coffee shop, and huge lines in front of every dunking donuts on every corner in my area, I was always thinking how come there is not anywhere a robot...

Accepted Answer

YC advice is not how we evaluate our company. Valuation is determined upon investor confidence (risk factor) x the market value we are proving. The market size is so large that the first robotic company that proves it will be greatly rewarded, as well as people who invested. We believe we are going to be the first company to prove this market on a meaningful scale. 1M revenue means different for different companies. 1M ARR is actually a typical milestone for series A companies. One of the mea...

Question 5

Hello, I have few questions; (1) How much is the cost to make one machine, and for how much do you sell it? (2) How long does it take to make one unit ready for installation and how long will it take in the future? (3) How much does cost one year of software subscription? (4) ...

Accepted Answer

1) cost is about 1/10 of a regular shop. price is about 150k. Could vary depending on market reactions. 2) right now is 1 month. Later on should be days depending on our scale and team execution. 3) it will vary by region, from 10%-30%. Should be attractive enough compared to human labor. 4) Target is 2024-2025 5) basically there are 6 faucet pulling out lemonade, milk, tea and refresher base. We got 10 syrups capacity. And 2 powder bins which could be chai, chocalte, motcha. 2 types of coffe...

Yummy Future (YC S19)

The robotic platform for the food and beverage industry

$3,240,446

Updates

Yummy Future (YC S19)

Quick facts

Team profiles

Featured investor profiles

$3,240,446

Updates