Major chains like Chipotle and Cava are investing in automated makelines from startup Hyphen to improve speed and customer service in a competitive market. Hyphen closed a $10 million Series B round with investments from Cava and Chipotle, totaling $25 million. The technology automates food prep, reduces waste, and costs $50,000 to $100,000 per line.

Hyphen’s technology automates food prep, improves efficiency, and reduces food waste for restaurants. The makelines cost $50,000 to $100,000 and provide ROI in under a year. The company is in talks with major brands and food service providers for future software development and aims to focus on high customization and high volume orders.

Sweetgreen sold its robotics unit, Spyce, to Wonder for $186.4 million, amid a challenging year for the restaurant industry. Hyphen is not targeting the fast food sector, focusing instead on high customization and high volume orders. Technology innovation is expected to continue shaping the restaurant sector following a tough year for industry leaders.

Read more at CNBC: Hyphen automated makelines get investments from Cava, Chipotle