{"id":"d9902f72-2410-4d27-8374-15b724ad8076","name":"Picnic Works","slug":"picnic","description":"Picnic Works is an American food robotics company based in Seattle, developing the [Picnic Pizza Station](/models/picnic-pizza-station) automated pizza assembly system. The company raised approximately $50M but shut down in 2026 and sold its assets, after being backed by Microsoft co-founder Paul Allen's Vulcan Capital.","status":"wound_down","founded":2016,"hq":"Seattle, WA, USA","hqLat":47.6038321,"hqLng":-122.330062,"hqGeocodedAt":"2026-08-05T14:43:32.089Z","hqAddress":null,"hqPrecision":null,"website":"https://www.picnicworks.com","fundingTotal":"51700000","type":"hardware","roles":["robot_maker","robot_operator"],"reviewStatus":"reviewed","heatIndex":75,"lifecycleState":"active","supersededByCompanyId":null,"sources":[{"url":"https://www.qsrmagazine.com/story/picnic-works-accelerates-rollout-of-pizza-automation-technology/","title":"Picnic Works","sourceName":"QSR Magazine"},{"url":"https://www.businesswire.com/news/home/20240523036202/en/Picnic-Works-Teams-Up-with-Roboworx-for-National-Rollout-of-Autonomous-Pizza-Stations","title":"Picnic Works + Roboworx rollout","sourceName":"BusinessWire"},{"url":"https://www.nrn.com/restaurant-technology/pizza-robot-company-picnic-shuts-down","title":"Pizza robot company Picnic shuts down","sourceName":"Nation's Restaurant News","publishedAt":"2026-05-26"},{"url":"https://www.geekwire.com/2026/robot-pizza-startup-runs-out-of-dough-picnic-shuts-down-sells-assets-to-mystery-buyer/","title":"Robot pizza startup runs out of dough","sourceName":"GeekWire"},{"url":"https://mynorthwest.com/lifestyle/seattle-robot-pizza/4242407","title":"Seattle robot that made 130 pizzas an hour is out of business","sourceName":"MyNorthwest","publishedAt":"2026-05-29"}],"keyFacts":[{"label":"Product (company-claimed)","value":"Picnic Pizza Station, a vision-guided pizza assembly system making 100 to 130 pizzas an hour."},{"label":"Leadership (reported, unconfirmed)","value":"Michael Bridges was CEO for over two years; Valeri Inting took over in Sep 2025."},{"label":"Funding (reported, unconfirmed)","value":"About $50M raised, including from Vulcan Capital."},{"label":"Shutdown (reported, May 2026)","value":"Assignment for the benefit of creditors on May 11; assets sold to an unnamed buyer."}],"aliases":["Picnic","Picnic Works Inc"],"collisionRisk":"low","reviewNote":null,"atsProvider":null,"atsSlug":null,"factoryLocations":null,"manufacturingCapacity":null,"orgType":null,"burnSignal":null,"litigationEvents":null,"insurancePostureDisclosed":null,"unitEconomicsDisclosed":null,"tickerSymbol":null,"stockExchange":null,"secCik":null,"revenueUsd":null,"revenueBasis":null,"revenueAsOf":null,"employeeCount":null,"employeeCountBasis":null,"employeeCountAsOf":null,"marketCapUsd":null,"marketCapAsOf":null,"marketCapSource":null,"createdAt":"2026-06-06T01:50:20.627Z","updatedAt":"2026-10-12T22:25:55.270Z","jsonLd":{"@context":"https://schema.org","@type":"Organization","@id":"https://registry.deploy.report/companies/picnic","url":"https://registry.deploy.report/companies/picnic","name":"Picnic Works","alternateName":["Picnic","Picnic Works Inc"],"description":"Picnic Works is an American food robotics company based in Seattle, developing the [Picnic Pizza Station](/models/picnic-pizza-station) automated pizza assembly system. The company raised approximately $50M but shut down in 2026 and sold its assets, after being backed by Microsoft co-founder Paul Allen's Vulcan Capital.","identifier":"d9902f72-2410-4d27-8374-15b724ad8076","foundingDate":"2016","address":"Seattle, WA, USA","publisher":{"@id":"https://deploy.report/#organization"}},"framework_metadata":{"framework_schema_version":"0.1.0","verification_status":"verified","maturity_stage":null,"lifecycle_state":null,"architectural_position":{"cohort":null,"sub_cohorts":[]},"within_cohort_verified_vs_claimed_pair":null,"cap_flags":[],"verification_depth":{"sources_count":5,"primary_source_types":[]}}}