Why We Invested in Kiwi Campus: The Future of Food Delivery

Prototype Capital
Jan 19, 2019 · 5 min read

We’re thrilled to announce our partnership with Kiwi, an ambitious team focused on dropping food delivery costs through sidewalk delivery drones. Welcome Felipe and the Kiwi Team to the Prototype Capital family!

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There are some of the fundamental truths we came in with:

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CEO and co-founder Felipe besides the first Kiwi Bot.

We believe Kiwi offers the best solutions to these trends and realizes these industry truths. The team at Kiwi has not only launched a beautiful mobile-facing point of service to order, but with over 23,000 deliveries already over the past two years, Kiwi has taken the city of Berkeley by storm (their competitors who have raised 50x the money they have have done zero or next-to-zero). The Kiwi bots and team leverage a hybrid of robot/human interactions to decrease delivery times, delivery costs, and the complete end user experience. The Kiwi bots have brought the people of Berkeley, CA a full stomach and a caring community around the lovable, emotion-emitting automated couriers.

Kiwi is already lowering food delivery costs in their market. Kiwi’s logistics model allow for current delivery fees to profitably stand at $3.20 (and falling) compared to competitors at $10 (which even then are often subsidized via venture dollars).

This industry is no doubt hard, combining food and perishables with delivery and logistics with hardware with autonomous vehicles with a highly demanding consumer with government regulation… Ultimately, our decision to work with Kiwi was mainly driven by the team behind the bot. Felipe’s unchallenged competitive slant and raw relentlessness to break through brick walls in order to cost of delivery for a take-out dominant future makes him the ideal general in this war of attrition for low-cost food delivery. Kiwi’s business and product is loved among the Berkeley community with students who care for their tiny stewards, advocate for their safety (a crowd of passerbyers on campus shrieked when someone was about to kick a bot for fun), and even dress as Kiwi bots for Halloween. We’re thrilled to be apart of this journey alongside Felipe and the team at Kiwi in dropping the time and cost of ordering any spectrum of foods.

To a beautiful future,

Team Prototype Capital

Prototype Capital

We're on mission to invest in founders across the country…

Prototype Capital

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We’re on mission to invest in founders across the country building businesses that are changing the status quo by 10x. Visit | prototype.capital

Prototype Capital

We're on mission to invest in founders across the country building businesses that are changing the status quo by 10x. Visit | prototype.capital

Prototype Capital

Written by

We’re on mission to invest in founders across the country building businesses that are changing the status quo by 10x. Visit | prototype.capital

Prototype Capital

We're on mission to invest in founders across the country building businesses that are changing the status quo by 10x. Visit | prototype.capital

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