Robot pizza startup runs out of dough: Picnic shuts down, sells assets to mystery buyer
Freshly sliced pepperoni is delivered via conveyer belt onto a pizza being assembled by a Picnic pizza-making robot. (GeekWire File Photo) Picnic , the 10-year-old Seattle food automation startup that set out to revolutionize the production of pizza with robotics, has shut down and liquidated its assets. According to legal documents and an email to creditors and investors, Picnic was unable to pay its debts and on May 11 executed a General Assignment for the Benefit of Creditors, a state-law pro