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==Idea== Flippy is an AI-powered robotic kitchen assistant that can learn from its surroundings and acquire new skills over time. We designed Flippy to cook food alongside chefs in commercial kitchens and leverage computer and thermal vision technology to cook food perfectly and consistently. The £218B global Quick Service Restaurant industry has increasingly tight margins (~5%) due to rising wages and labor shortages. As Americans rely less on home-cooked meals, it is becoming increasingly harder for restaurants to hire kitchen staff to serve them. According to the CEO of Cali Group, implementing Flippy will reduce labor expenses by over 65% and increase efficiency and food output by 23%. With Flippy, restaurants can increase profit margins from 5% to 14%. This translates into a 3x increase in EBITDA, creating significant value for our customers. After a successful pilot at CaliBurger, the restaurant recently signed an £8.78 million purchase order to implement two Flippy bots at each of its 50+ locations worldwide. In October 2019, the first “CaliBurger 2.0” opened in Ft. Myers, Florida with its reinvented kitchen that includes two Flippys working alongside one chef. We’re currently developing “Flippy 2.0,” which integrates the bot into a mounted rail system, allowing it to multitask. This new system is 50% cheaper and requires zero real estate footprint in a commercial kitchen.
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