Culinary & FoodserviceFriday, August 14, 2026
Restaurant tech funding drops to $1.3B as AI tools lead
Restaurant technology venture funding declined to $1.3 billion in 2024, with point-solution AI tools for demand forecasting and labor optimization emerging as the primary growth areas.
The numbers
- $1.3 billion Total VC funding in restaurant tech dropped to this amount in 2024.
- $14.5 billion Peak total VC funding in restaurant tech in 2018.
- 12% Restaurant tech's share of total food tech venture investment in 2024.
- 60% Restaurant tech's share of total food tech venture investment in 2018.
- $50 million Amount raised by Blackbird Labs and Dorsia in early 2025.