Latest news with #ReBuildManufacturing
Yahoo
12 hours ago
- Business
- Yahoo
Foodservice platform Hyphen gains $25m with CAVA participation
Foodservice automation platform company Hyphen has closed a Series B funding round, raising $25m with participation from the CAVA Group to expedite Automated Makeline. The investment is set to accelerate the platform from factories to restaurants, enhancing production and deployment throughout the US. The Automated Makeline platform reduces waiting times and assists staff members so they can focus more on customer service. As part of its expansion strategy, Hyphen is collaborating with US-based Re:Build Manufacturing. Hyphen has chosen Ricoh USA as its field service partner to support the nationwide installation. This partnership leverages the network of more than 15,000 certified technicians, ensuring reliable field service support across the country. For the first time, CAVA has invested alongside current investors to bolster Hyphen's production increase in collaboration with Re:Build Manufacturing and to promote the expansion of its field service across the country. Hyphen CEO and co‑founder Stephen Klein stated: "This new funding is a testament to the impact Hyphen's team and technology are having on restaurant operations. "We are galvanised by this investment to scale our manufacturing, support our growing customer base and continue innovating as we build the future of foodservice." In 2023, Chipotle Mexican Grill joined forces with Hyphen to test the automated digital makeline for the preparation of bowls and salads. In a separate announcement, CAVA Group has reported a revenue increase of 20.3% to $278.2m for the fiscal second quarter (Q2) ended 13 July 2025, compared to $231.4m in the same quarter of the previous year. This growth is attributed to the opening of 75 new CAVA restaurants that have surpassed performance expectations, and a 2.1% rise in same-restaurant sales, driven mainly by menu pricing and product mix. A slight dip in restaurant-level profit margin was observed from 26.5% to 26.3%, due to input costs and wage investments. CAVA Group posted a net income of $18.4m, or 6.5% of revenue, in comparison to the $19.7m registered in Q2 fiscal 2024. "Foodservice platform Hyphen gains $25m with CAVA participation" was originally created and published by Verdict Food Service, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
a day ago
- Business
- Yahoo
Hyphen Raises $25M to Scale Automated Makelines
CAVA makes first-ever investment alongside existing investors to support Hyphen's production ramp with Re:Build Manufacturing and expand field service nationwide SAN JOSE, Calif., Aug. 13, 2025 /PRNewswire/ -- Hyphen, the foodservice platform for automated meal production, today announced the closing of its $25 million Series B financing, including participation from CAVA Group, Inc. (NYSE: CAVA). The financing will speed Hyphen's Automated Makeline from factory floor to restaurant floor—scaling production and deployment across the U.S. Digital demand continues to surge, and three out of four customers choose a competitor when their preferred restaurant isn't available, according to a Service Management Group study. At the same time, persistent labor shortages are straining operations. Hyphen's platform—combining advanced robotics with AI—expands peak‑hour capacity, improves order accuracy, and frees teams to focus on hospitality. "This new funding is a testament to the impact Hyphen's team and technology are having on restaurant operations," said Stephen Klein, Co‑Founder and CEO of Hyphen. "We are galvanized by this investment to scale our manufacturing, support our growing customer base, and continue innovating as we build the future of foodservice." "As we continue to scale, we're eager to invest in and test technology that can enhance—not replace—the human experience," said Brett Schulman, Co‑Founder and CEO of CAVA. "By piloting Hyphen's automated digital makeline, we have the opportunity to increase order accuracy and speed during peak digital hours, while reducing complexity for our team members. That means more time spent delivering exceptional hospitality and crafting the Mediterranean flavors our guests love. It's a meaningful step in our commitment to operational excellence and innovation that supports both our growth and our people." Hyphen will ramp production with Re:Build Manufacturing, a U.S. manufacturing company co‑founded by Miles Arnone and Jeff Wilke. To ensure reliable nationwide installs and ongoing support, Hyphen selected Ricoh USA, Inc. as its field service partner—tapping a network of 15,000+ certified technicians trusted by global leaders. ABOUT HYPHEN: Hyphen automates digital order production for foodservice. Our Automated Makeline increases throughput and accuracy, shortens peak wait times, and augments staff so teams can focus on guests. Learn more at or email press@ ABOUT CAVA GROUP: CAVA is the category-defining Mediterranean fast-casual restaurant brand, bringing together healthful food and bold, satisfying flavors at scale. Our brand and our opportunity transcend the Mediterranean category to compete in the large and growing limited-service restaurant sector as well as the health and wellness food category. CAVA serves guests across age groups, genders, and income brackets and benefits from generational tailwinds created by consumer demand for healthy living and a demographic shift towards greater ethnic diversity. We meet consumers' desires to engage with convenient, authentic, purpose-driven brands that view food as a source of self-expression. The broad appeal of our food combined with these favorable industry trends drive our vast opportunity for continued growth. To learn more, visit View original content to download multimedia: SOURCE Hyphen Technologies, Inc.
