Picnic plans to use the capital to further expand its team and commercial operations. Over the past year the team has been diligently working with its customers to better understand what is most important for restaurant owners and other kitchens in stadiums, hospitals, colleges, and more. The company plans to announce Picnic Pizza System deployments and ramp up production volume later in 2021. "Picnic is developing technology to solve the challenges faced by every commercial kitchen - labor shortages, quality control, and consumer experience," said Jared Furtado, Managing Partner of Thursday Ventures. "Picnic's dynamic automation platform will undoubtedly define the future of the food industry. We are thrilled to work alongside Clayton and his world-class team as they continue to revolutionize the way kitchens will be managed."