INVEST IN BLENDID TODAY!

Leading the Robotic Food Automation Revolution

Blendid creates compact, autonomous, contactless robotic food kiosks available in retail stores, universities, travel centers, and. a hospital throughout the US. Blendid builds compact, autonomous, robotic food automation solutions. Our AI-enabled platform prepares food fresh-on-demand and customized to unique tastes and nutrition preferences. Already market-tested, Blendid kiosks are available in retail stores, universities, travel centers, and hospitals across the country. Learn more about this revolutionary product that optimizes the consumer experience and maximizes operator efficiency!

This Reg CF offering is made available through StartEngine Capital, LLC. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.
Blendid

$61,394.68 Raised

REASONS TO INVEST

Reasons Icon

We've raised over $26 Million and sold over 100k smoothies in retail stores, universities, and travel centers, as well as hospital and Walmart locations with co-branded Jamba locations in California and Georgia.

Reasons Icon

We have a commercial agreement with Jamba to expand and deploy “Jamba by Blendid” kiosks across the country and received a strategic investment from Focus Brands, the parent of Jamba, to scale our manufacturing and operations nationwide.

Reasons Icon

Our proprietary contactless, food-safe, and NSF-certified technology is poised for increased market adoption in the post-COVID world. In 2022, we tripled the number of our locations, increased revenue by 267% from 2021, and contracted over 500 kiosks. Our AI-driven platform is comprehensively protected by 13 patents granted or in-process.


*Addressable Market Data for high-traffic locations see below






the pitch

At Blendid, we build robotic and AI-enabled food automation solutions. Our first product, a fully autonomous robotic kiosk, crafts healthy and delicious smoothies that are made fresh-on-demand and customized to individual taste and nutrition preferences. We currently operate smoothie kiosks in universities, travel centers, retail stores, and a hospital in collaboration with world class food service operators including Jamba, Sodexo, and Compass Group. Now, we are ready to scale operations to achieve our mission of making fresh, healthy food more personalized and accessible.




Since our Last Raise


Fresh Food Made Accessible with Robotic and AI Technology


Fresh and healthy options always seem limited when we’re in a hurry. Our mission is to give consumers fresh, healthy, and personalized food options on the go through a contactless, safe, and all-digital experience. 

We designed our compact, accessible robotic food kiosk to empower operators to meet consumer demand for fast, healthy, affordable food options with greater consistency and lower overhead than traditional food service models. Our rockstar team of leaders and advisors bring together expertise in technology, business, and culinary spaces to build our field-proven operating and hardware system that works with very high uptime and is already in market serving customers. 






The Problem 


Healthy Eating is Expensive for Consumers and Operators


People generally want to eat healthy, provided they can find options that also taste great and are easy on their wallets. However, it’s challenging to get affordable, delicious, healthy food on the go. That’s because it’s usually either unavailable where and when they need it, too expensive, or not in line with their taste preferences. 

At the same time, operators face their own set of challenges, including rising food costs, hiring challenges and wage increases, and increased demand for healthy, affordable food (source, source source). Covid-19 has added additional pressures, including the need for contactless ordering, assembly, and delivery.

Our Solution


Hello, Blendid


Our compact, autonomous, contactless robotic food kiosk can be installed in a wide range of locations to provide 24/7 fresh food service at low operational costs. By deploying cutting-edge robotic technology in an 8x8 foot kiosk, we give consumers access to healthy, affordable, and delicious food anywhere and anytime. 

Blendid’s design optimizes the consumer experience and maximizes operator effectiveness. Our vision algorithms continuously learn and adapt to recognize ingredients, recipes, levels, and consumer preferences, ensuring that errors are eliminated even across diverse operating environments. 

We have 13 design patents awarded or in progress for software-driven food preparation and cloud-driven distributed IoT management. Our Food Operating System, foodOS® uses AI and machine learning algorithms to self-configure, calibrate, multitask and error recover while delivering a consistent recipe every time. Our Chef Operating System, chefOS® allows chefs to create new recipes using an AI-assisted engine to guide them while dynamically computing the nutritional profile of those recipes. And our Restaurant Management System (RMS®) provides a full suite of provisioning, monitoring, and analytics tools to manage and operate kiosks remotely.  


How It Works


For the consumer, Blendid’s kiosk experience goes like this:

  1. Order at the kiosk on a tablet or ahead of time on the app

  2. Select and customize your food order

  3. Receive a notification when food is ready,  approximately 3 minutes after ordering 

  4. Retrieve your food (safely stored inside the kiosk after being prepared)

All ingredients are either refrigerated or flash frozen to maintain freshness and optimal taste. Blendid uses only real, whole fruits, vegetables, and other nutrient-rich ingredients. 




The Market


Global Demand for Healthy, Accessible Food


Covid-19 has spurred significant, rapid changes in the food industry. While this reality has been challenging, it has also created a lot of opportunity for food service providers. 


In fact, the food robotics market is projected to reach $4 billion by 2026, expanding at a compound annual growth rate (CAGR) of 13.1% worldwide (source). In the US alone, Blendid has identified over 70,000 locations where the company's current offering is poised to bring value and capture market share. 

Meanwhile, consumers increasingly seek out food that is not only cost-effective but also fresh and healthy. 

OUR TRACTION


Major Growth and Key Partnerships


In 2022, we expanded to 9 locations, increased revenue by 267% from 2021, and contracted over 500 kiosks. We have previously raised $26 million from various institutional and retail investors.

We signed a commercial agreement with Jamba to expand and deploy “Jamba by Blendid” kiosks across the country in various types of commercial locations. We also received a strategic investment from Focus Brands, the parent of Jamba, to scale our manufacturing and operations nationwide.  

Meanwhile, our operating relationships with Sodexo and Compass Group could bring Blendid kiosks to a wide range of food service locations, including colleges, hospitals, fitness centers, corporate offices, airports, shopping malls, and entertainment venues. Our new locations since our last Reg CF raise include:

  • Kennesaw State University in Marietta, GA
  • Georgia College, Millidgeville, GA
  • UCLA in Los Angeles, CA
  • Love’s Travel Stops in Williams and Corning, CA
  • Grady Memorial Hospital, Atlanta, GA (Sodexo)




Our Business Model


Enabling Profitability for Operators


As a food service technology provider, we license our technology to large, established food service and retail operators with deep expertise in activating and managing food service locations, and collect recurring service fees. While we operate a limited number of Blendid-branded locations to try new concepts or establish proof points, our business is primarily driven by licensed, co-branded products with recurring service fees to Blendid.

*alternate service fee models are available


Due to our low operational costs, operators can expect to achieve significantly wider margins than they would have realized through a traditional food service model. 


Why Invest


Healthy Food Accessibility is Ready to Launch


Over the next few years, we plan to expand to thousands of national and international locations, automating a variety of cuisines including soups, salads, sandwiches and more to meet the needs and food preferences of millions of consumers. Food tech automation is a multi-billion dollar market here to stay and poised for rapid growth. We have put in the work to build a strong technological foundation and now, with key operating relationships in place, and accelerating growth, we are ready to scale.  


 







*70,000 locations have been identified as high-traffic locations that represent the total addressable market. No contracts or guarantees have been made to secure these locations. The serviceable market is based on company research and management's estimate of food sales per location for an operator.

Code View

ABOUT

HEADQUARTERS

440 N Wolfe RD M/S 215
Sunnyvale, CA 94085
VALUATION

$88.01M
PREVIOUSLY CROWDFUNDED

$8M

Blendid creates compact, autonomous, contactless robotic food kiosks available in retail stores, universities, travel centers, and. a hospital throughout the US. Blendid builds compact, autonomous, robotic food automation solutions. Our AI-enabled platform prepares food fresh-on-demand and customized to unique tastes and nutrition preferences. Already market-tested, Blendid kiosks are available in retail stores, universities, travel centers, and hospitals across the country. Learn more about this revolutionary product that optimizes the consumer experience and maximizes operator efficiency!

TEAM

Vipin Jain

Vipin Jain

Co-Founder & CEO

VP Barnes & Noble Nook Media, Co-Founder & CEO Retrevo, Co-Founder Telseon IP, MS Physics BITS.

Venki Ayalur

Venki Ayalur

Co-Founder & CTO

Software Lead Barnes & Noble Nook, Motorola Engineering, MBA Kellogg, MS Computer Science Northern Illinois.

Vijay Dodd

Vijay Dodd

Co-Founder & VP, Engineering

HW & SW Engineering Dir. Barnes & Noble Nook, Engineer Dir. Palm, Masters of Tech in Systems & Controls.

Kristen Rasmussen

Kristen Rasmussen

Executive Chef & Nutritionist

Founder Rooted Food, Food Science Adjunct Faculty UC Berkeley & Nordic Food Lab & Culinary Institute America.

James D White

James D White

Advisor

Board Member Panera, Fomer CEO & Chairman Jamba Juice, SVP Safeway & Gilette, Nestle.

Maisie Ganzler

Maisie Ganzler

Advisor

Chief Strategy & Brand Officer Bon Appetit Management Company.

Eric Benhamou

Eric Benhamou

Board Member

Founder & General Partner Benhamou Global Partners, Former CEO & Chairman 3COM.

Michelle Gloeckler

Michelle Gloeckler

Advisor

Board Member BJs, Former EVP Walmart, VP Hershey's.

Cody Rose

Cody Rose

Advisor

VP Product, Resy (Amex Dining), Former VP Guest Experience Chipotle.

Gary Bradski

Gary Bradski

Advisor

Creator and Founder of Open CV, Consulting Professor at Stanford.

Veronica Wu

Veronica Wu

Board Member

Founder & Managing Partner at First Bight Ventures, Former Board Member VF Corp, VP Tesla, Managing Director Apple.

TERMS

Blendid
Overview
PRICE PER SHARE
$2.22
DEADLINE
Mar 1, 2023
VALUATION
$88.01M
AMOUNT RAISED
$61,394.68
Breakdown
MIN INVESTMENT
$499.50
MAX INVESTMENT
$1,999,993.56
MIN NUMBER OF SHARES OFFERED
4,503
OFFERING TYPE
Equity
ASSET TYPE
PREFERRED
SHARES OFFERED
Series B Preferred Stock
MAX NUMBER OF SHARES OFFERED
900,898

Maximum Number of Shares Offered subject to adjustment for bonus shares


Company

:

6D BYTES INC.

Corporate Address

:

440 N Wolfe RD M/S 215, Sunnyvale, CA 94085

Offering Minimum

:

$9,998.88

Offering Maximum

:

$1,999,993.56

Minimum Investment Amount

(per investor)

:

$499.50











Terms


Offering Type

:

Equity

Security Name

:

Series B Preferred Stock

Minimum Number of Shares Offered

:

4,504

Maximum Number of Shares Offered

:

900,898

Price per Share

:

$2.22

Pre-Money Valuation

:

$88,010,556.90











*Maximum number of shares offered subject to adjustment for bonus shares. See Bonus info below.

Investment Incentives and Bonuses*

Loyalty Bonus for Previous Investors | 5% Bonus Shares

Any Previous Investor of Blendid will receive 5% additional bonus shares on their investment.

Time-Based Perks


Friends & Family Bonus

Invest within the first week and receive 20% bonus shares.


Super Early Bird Bonus

Invest within the second week and receive 15% bonus shares.

VIP Bonus

Invest within the third week and receive 10% bonus shares.


Blendid Bonus

Invest within the fourth week and receive 5% bonus shares.

Amount-Based Perks
$25,000+: Invest 25,000+ and receive 10% bonus shares.



*In order to receive perks from an investment, one must submit a single investment in the same offering that meets the minimum perk requirement. Bonus shares from perks will not be granted if an investor submits multiple investments that, when combined, meet the perk requirement. All perks occur when the offering is completed.


The 10% StartEngine Owners' Bonus

6D BYTES INC. will offer 10% additional bonus shares for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus.

This means eligible StartEngine shareholders will receive a 10% bonus for any shares they purchase in this offering. For example, if you buy 100 shares of Series B Preferred Stock at $2.22/ share, you will receive 110 shares of Series B Preferred Stock, meaning you'll own 110 shares for $222. Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.

This 10% Bonus is only valid during the investor's eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are canceled or fail.

Investors will receive the highest single bonus they are eligible for among the bonuses based on the amount invested and the time of offering elapsed (if any). Eligible investors will also receive the Owner’s Bonus and an audience-based bonus of 5% for being a prior investor, in addition to the aforementioned bonus.

Irregular Use of Proceeds

We will not incur any irregular use of proceeds.

PRESS

Article Image
Santa Monica Mirror

Smoothie Robot Creates 9 Drinks at Once

Article Image
Fox Business

'Blendid' robot makes instant smoothies

Article Image
FastCasual.com

Love’s Travel Stops to deploy Jamba by Blendid robotic kiosks

Article Image
ZD Net

Why do college kids get all the cool robots?

ALL UPDATES

01.26.23

Guess Who Made California’s Top Startups List?!

Best Startup California has been tracking the most innovative Food and Beverage companies across the state, and Blendid is honored to be highlighted as one of the best in the game! All organizations were evaluated based on their track record, executive leadership, market share, and innovation. We have successfully positioned ourselves at the forefront of the food tech space and are being recognized as such!



However, this is more than just a buzzy headline. Blendid’s proprietary foodOS(R) automation platform is the nervous system that connects customers and operators to a fully automated food preparation process. Be sure to take advantage of our Super Early Bird Bonus this week in order to receive 15% bonus shares. Invest in this cutting edge technology that will power hundreds of new sites over the next few years!

01.25.23

Blendid Passes $50K Raised!

We’re excited to announce that Blendid has already surpassed $50K raised in the few days that our campaign has been open! What distinguishes us from the rest of the food tech space is that we’ve already proven our concept in various environments and landed expansion deals with Fortune 500 companies. We’re at a tipping point for massive growth as our robotic kiosks have already seen demand across several college campuses, and we’re working with brands like Jamba, Walmart, and Sodexo to add even more locations!



As a reminder, the official Friends and Family bonus offer will expire tomorrow. Don’t let this unique opportunity for claiming an additional 20 percent bonus shares of Blendid pass you by! Invest now.

01.21.23

Investors Will "Love" This News

Blendid’s expansion into rest areas, specifically in collaboration with Love’s Travel Stops, has been meeting the increasing demand for fresh and delicious quick-serve options that is available around the clock. Thanks to our Jamba by Blendid kiosks, commuters, travelers, and truck drivers now have 24 hour access to fresh smoothies. We quickly launched our second location at Love’s in Corning, CA after evaluating the incoming consumer demand at our first Love’s location in Williams, CA. 


Joe Cotton, VP of Foodservice at Love’s, said the following, “We’re excited to build off the success of our first location and look forward to serving professional drivers and four-wheel customers in Corning, California.”

 Customers watching the robot get to work after placing an order at our kiosk at Love's in Williams, CA


Blendid’s initial locations at retail stores and colleges were just the beginning, and the autonomous robotic kiosk is proving adaptable and sought-after in a variety of verticals. Invest today and become a shareholder before we reach new milestones!

01.18.23

We're Back! Blendid Launches Series B Campaign on StartEngine

Blendid Followers,

We just kicked off a new equity crowdfunding campaign on StartEngine and wanted to ensure that you are the first to know about it.


Since our last raise, we've been busy...

  • Opening new locations which include UCLA, Stonewood Center (SoCal mall), two at California-based Love's Travel Stops, Kennesaw State University and Grady Memorial Hospital in Atlanta, GA
  • Expanding our contractual terms to include over 500 kiosks
  • Increasing our geographical reach and developing plans for openings in Chicago, NYC, and Washington DC
  • Growing our revenue to +367% year over year!


This is an opportune time to invest in Blendid as we are at a tipping point for massive growth. 


There are some serious perks for investing early, so check out our campaign page for more details and be sure to INVEST TODAY!


Thanks,

Team Blendid

15%
Super Early Bird Bonus

Invest within the second week and receive 15% bonus shares.

03
DAYS
15
HOURS
05
MINS
05
SECS
Owners bonus
Stack Owner's Bonus & Rewards!

Members get an extra 10% shares in addition to rewards below!

REWARDS

Multiple investments in an offering cannot be combined to qualify for a larger campaign perk. Get rewarded for investing more into Blendid.

$499.00

Earn 10% Bonus Shares

Earn 10% bonus shares in this investment and all eligible investments for an entire year. If you are not already an Owners bonus holder, you can join now, for $275, billed annually.

$499.00

Super Early Bird Bonus

Invest within the second week and receive 15% bonus shares.

$25,000.00

Tier 1 | $25,000+

Invest 25,000+ and receive 10% bonus shares.

JOIN THE DISCUSSION













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RAISED
$61,394.68
INVESTORS
45
MIN INVEST
$499.50
VALUATION
$88.01M

@ 2022 All Rights Reserved

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