Interview by Jonathan Kersting
What happens when a startup with groundbreaking technology can’t connect with the right buyers?
In a world where automation has become essential, the collapse of Karakuri, an automated meal assembly company, offers valuable lessons for entrepreneurs looking to make waves in challenging markets. Despite a promising $6 million investment, Karakuri couldn’t scale its innovative fry and meal assembly robots for the food industry. In this episode, host Jonathan Kersting welcomes Joel Reed, CEO of OpenArc, to analyze what happened and what you can learn from it.
Listen now to uncover the missteps that brought down Karakuri and learn how to avoid them on your own entrepreneurial journey?.
Produced by the Pittsburgh Technology Council, this is a podcast for tech and manufacturing entrepreneurs exploring the tech ecosystem, from cyber security and AI to SaaS, robotics, and life sciences, featuring insights to satisfy the tech curious.