Wonder acquires restaurant automation solution from Sweetgreen for $86M
The delivery-focused restaurant company founded by former Walmart executive Marc Lore is expanding its presence in automated foodservice technology.
Wonder has completed its acquisition of Spyce, an automated culinary tool is designed to balance the core elements of cooking technique, measurement, and timing, from healthy eating chain Sweetgreen.
The purchase price consists of $100 million in cash and shares of Wonder, with an implied value of $86.4 million based on the price per share at which shares were issued by Wonder to cash investors in its most recent preferred equity financing.
In August 2021, Sweetgreen acquired Spyce, a Boston-based start-up specializing in developing automated solutions for the restaurant industry, for approximately $70 million. Leveraging Spyce capabilities, Sweetgreen developed a proprietary technology solution called Sweetgreen Infinite Kitchen that supported an automated store format it piloted in 2023 and now operates in about 20 locations nationwide.
[READ MORE: Sweetgreen debuts automated store format]
Sweetgreen expects to continue using the Infinite Kitchen technology in many of its restaurants through a long-term supply and services agreement.
"This transaction reflects the strength of the Infinite Kitchen and the incredible work of the team behind it," said Jonathan Neman, co-founder and CEO of Sweetgreen. "It allows us to stay focused on our long-term growth while continuing to benefit from a technology that has become a key part of our restaurant operations."
Wonder, which acquired Gruhub from Netherlands-based global online delivery conglomerate JustEatTakeaway.com for $650 million in November 2024, is also leveraging Grubhub’s partnership with autonomous delivery robot provider Avride to support a robot delivery pilot for customers ordering from Wonder's Jersey City location.
Wonder's multi-restaurant model lets customers choose from more than 20 different restaurant concepts, including Alanza, Tejas Barbecue, and Streetbird by Marcus Samuelsson, with every dish made to order in a Wonder storefront and delivered fast and free.
In May 2025, Wonder raised $600 million in capital, following a 2024 infusion of $700 million in capital that included a $100 million investment from Lore.
Wonder also plans to "aggressively invest" in research and development, according to founder Marc Lore, focusing on areas including faster cook times, software enhancements, new menu items, new chefs and new restaurant partnerships.
Lore said the company will also continue to invest in proprietary technology to drive operational efficiencies, including back-end technology focused on driving down food waste; next-gen kitchen designs to improve throughput and consistency, and an enhanced delivery network.
Wonder has publicly said its ultimate goal is to become the "super app for meal time."
Founded in 2007, Sweetgreen operates more than 280 locations nationwide.
