Jay-Z to invest in robot pizza truck start-up
Jay-Z‘s venture capital firm has invested in a new start-up that promises to deliver robot-cooked pizzas.READ MORE:Â BeyoncÃ© and Jay-Z (aka The Carters) â âEverything Is Loveâ review
Marcy Venture Partners was the lead investor in Stellar Pizza, joining the company’s roster alongside Rihannaâs Savage x Fenty with $16.5million (Â£14.4million) raised in a round led by the firm.
Orders would be placed through a mobile app, which would then be sent through to the pizza-making robot, according to Rolling Stone. A human employee then cuts and boxes the pizza ready for delivery. Stellar Pizza aim for the entire process to be completed within five minutes.
The first robot pizza truck, designed by former SpaceX engineers including CEO Benson Tsai, is set to make its debut this year at the University of California.
“Ultimately, for me, itâs about solving problems wherever they are â solving problems here on Earth,” Tsai told Inside Edition earlier this year. “Affordable access to high-quality fresh foods is not something that is readily available for everyone.”
Last month (September 2), Jay-ZÂ hit back at those who have criticised his business ventures over the years.
The rapper spoke out during a Twitter Spaces event to promote his recent collaboration
âGod Didâ with DJ Khaled.
When asked to discuss his history of bolstering financial opportunities for other black artists includingÂ RihannaÂ andÂ Kanye West, Jay responded: âYeah, weâre not gonna stop. You know, hip hop is young, we still growing, and weâre not falling for that tricknology whatever, you know, this public puts out there.â