Fairy Bread, a company that makes breads using real-world ingredients, announced Monday that it has raised $4 million in funding.
The company aims to commercialize its technology to create a self-driving car platform.
The funding round, led by angel investor and venture capitalist Jana Krzymasz, will allow Fairy Bread to move forward with its first product, a bread-making robot that can read and respond to instructions in real time.
The robot is expected to be fully autonomous and able to drive itself through the streets of Dublin.
“This will allow us to focus on what makes our product different from other bread robots, such as a bread slicer or a machine that makes baked goods for restaurants,” Fairy Bread co-founder and chief executive Officer, Michael Hennig, told TechCrunch.
“Our robot is the first fully autonomous bread robot and will be the start of a new era in the field of autonomous transportation.”
Fairy Bread will work with companies that make its product, such to build autonomous cars.
These include autonomous car maker Autonomy Autos, which has developed an autonomous truck for use in Europe.
The company also has an in-house team working on its robotic technology, which it says can be used to build vehicles that can drive itself.
Fairy Bread is also working with robotics company, Lazy Robotics, to develop a robotic truck that can carry products from the bakery to customers’ homes.
