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Presto Raises Capital from Remus Investor Group, Announces Addition of Two Board Members, and Significant Cost Reductions - Vimarsana News

Presto Raises Capital from Remus Investor Group, Announces Addition of Two Board Members, and Significant Cost Reductions

SAN CARLOS, Calif., Nov. 17, 2023 -- Presto Automation Inc. , one of the largest AI and automation technology providers to the restaurant industry, today announced it had entered into agreements...

Presto Automation Shares Rise 6% After Capital Investment, Job Cuts - Vimarsana News

Presto Automation Shares Rise 6% After Capital Investment, Job Cuts

By Chris Wack Presto Automation shares were up 6% at 87 cents after the company raised capital and said it would cut about 17% of its headcount. The stock...

Presto Raises Capital from Remus Investor Group, Announces Addition of Two Board Members, and Significant Cost Reductions - Vimarsana News

Presto Raises Capital from Remus Investor Group, Announces Addition of Two Board Members, and Significant Cost Reductions

Presto Raises Capital from Remus Investor Group, Announces Addition of Two Board Members, and Significant Cost Reductions