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Zume

Food roboticsUSA
πŸ’€ Dead / Bankrupt
PeakΒ $2.3 BillionToday
~-100%
from peak
  1. πŸ¦„
    Became a unicorn
    2018
  2. πŸ“ˆ
    Peak valuation
    $2.3 Billion ’18
  3. πŸ’”
    Became a Unitard
    2023
  4. πŸ’Έ
    Last valuation
    ~$0
Current status
Shut down 2023

How it happened

Zume was a food-robotics startup that aimed to make pizza using robots in delivery trucks, raising a large SoftBank-led investment that pushed its valuation to roughly $2.3B around 2018. It pivoted away from pizza toward sustainable packaging after the robotic model failed to scale, cut staff in 2020, and ultimately shut down in 2023 after burning through its capital.

Source: SoftBank-backed