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Category Archives: Portfolio Company News

CALI GROUP TO DEVELOP LATIN AMERICAN REGION

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caliburger_leftMay 5, 2017 – Cali Group announced today that its subsidiary, CaliBurger, has entered an agreement with its existing master franchisee in Mexico to expand the brand throughout Latin America. The regional brand will be managed by a newly formed entity backed by private equity investors, called Cali-LatAm.

“With the growing awareness of the CaliBurger brand and Cali Group restaurant technology innovations in the global restaurant community, we have experienced tremendous interest from restaurant operators in different parts of Latin America,” said John Miller, Chairman and CEO of Cali Group. “While we focus on building new company-owned stores in the USA, our partner in Mexico has the infrastructure, training stores, and operating team to support restaurant operators interested in developing CaliBurger units in countries throughout the region. We look forward to working with Cali-LatAm to enhance the restaurant industry in Latin America with our restaurant operating system.” Read More

Meet Flippy, a burger-grilling robot from Miso Robotics and CaliBurger

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Flipping burgers is a hot and greasy job. Slips, trips, burns and cuts are common hazards associated with the work. But global demand for burgers is tremendous. Top burger chains racked up more than $75.5 billion in annual sales in 2016. To help keep human cooks out of harm’s way while fulfilling our collective appetite for burgers, Pasadena-based Miso Robotics is rolling out a new “robotic kitchen assistant” called Flippy. Read More

LOFT & BEAR FEATURED ON VICE.COM

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artsdistrictvodkaHEADER_The Spirit Guild’s newer distillery neighbor is Loft & Bear, a startup by Paul Ryan Elliott that hit the neighborhood in 2014. In just a few years, the company has outgrown its 1,400 square foot headquarters and will be expanding to one with 10,000 square feet of vodka distilling potential.

Elliott decided to start a vodka company because it was the spirit he preferred drinking.

“We were selling from the trunks of our cars,” said Loft & Bear’s director of business development and hospitality Karl Steuck of the early days. “It was definitely a hard sell.” Read More

CALIBURGER TO BEGIN DELIVERY SERVICE IN WASHINGTON DC

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caliburger_leftJanuary 23, 2017 – CaliBurger announced today that it will begin delivering its California-style burgers to customers in the Washington D.C. area in February 2017. The initial launch of the delivery program will be followed later in the year by openings of outlets. In certain trade areas starting in February and prior to the restaurant openings in late 2017, customers will be able to order through UberEats, PostMates, DoorDash, and GrubHub. Customers can also use the CaliBurger mobile App to order in advance and incur no delivery charges.

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CALIBURGER SPINOUT SECURES ADDITIONAL FINANCING

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October 26, 2016 – CaliBurger announced today that Super League Gaming, which was spun out of CaliBurger in 2014, has issued a press release regarding its Series C financing and growth, at http://finance.yahoo.com/news/super-league-gaming-clinches-5-130000797.html.

“CaliBurger is a technology company that sells great cheeseburgers worldwide,” said John Miller, Chairman of CaliBurger. “Our strategy has been to develop new technology platforms that can impact the guest experience or our restaurant operations, demonstrate those technologies in our restaurants, and then spin out new companies that can attract venture capital funding to deploy the offerings in the broader retail sector. In the case of Super League, we were building an in-restaurant social gaming experience (based on the blockbuster game Minecraft) for our younger guests to enjoy.”

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CALIBURGER ANNOUNCES SECOND FUNWALL TOURNAMENT: ICE SPIRE – CASH CLIMB

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October 17, 2016 – CaliBurger announced today that the next global FunWall tournament at CaliBurger restaurants will run from November 1 until November 30 and will focus on a new course of the visually striking jumper game, GemJump. The tournament, title Ice Spire – Cash Climb, will feature new avatars jumping in a winter-themed, icy filled environment.

CaliBurger customers should register now for the next tournament through the GemJump App, where a player purchases $2.99 worth of coins to improve his or her performance in the game and also gets a complimentary hamburger or cheeseburger. Similar to the first tournament, gamers can practice now for the next tournament in “Single Player” mode of the App. The “FunWall” mode for the global competition will be available for gamers to join on November 1. For those gamers that are not geographically near a CaliBurger restaurant, a virtual tournament is coming soon with daily prizes.

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CALIBURGER CO-FOUNDS ADVANCED ROBOTICS COMPANY WITH CALTECH ENTREPRENEUR AND VENTURE CAPITAL FIRM

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caliburger_leftPasadena, CA – October 1, 2016 – CaliBurger™ announced today that it has co-founded and invested in a new company, called Miso Robotics™, to develop advanced robotic systems, machine vision, and machine learning for use in kitchens. Miso is based in Pasadena and will work closely with CaliBurger’s team in Pasadena to incorporate robotic systems into the existing CaliBurger kitchen equipment. The partnership with CaliBurger will allow Miso to demonstrate its technology platform for more widespread deployment across the restaurant industry.

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KSI Data Sciences Featured in Airbeat Magazine

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We saw a huge opportunity to increase the value of investments made in these data-collecting devices by enabling the data to be shared in the cloud. The applications are vast, but we knew that enabling that data to be utilized in a real-time situation would revolutionize the way that certain industries make decisions.” KSI’s initial market targets include police, fire and other first responders that use robotic vehicles in their work, along with utility companies that use such platforms to inspect their equipment remotely. (KSI doesn’t limit its scope to aerial unmanned systems, working with terrestrial and submarine remote-controlled robots as well.)

Airbeat Magazine

FedData Buys Intelligent Decisions’ Intelligence Businesses

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Federal Data Systems has purchased two Maryland-based counterintelligence and intelligence business units from public sector services contractor Intelligent Decisions for an undisclosed sum in an effort to expand threat insider and critical infrastructure support services for commercial and government organizations.

“This acquisition launches our platform of companies and extends FedData’s reach into the private sector and the intelligence community,” Jamie Benoit, FedData president, said Tuesday. Read More