No Result
View All Result
  • Private Data
  • Membership options
  • Login
  • COUNTRY
    • ITALY
    • IBERIA
    • FRANCE
    • UK&IRELAND
    • BENELUX
    • DACH
    • SCANDINAVIA&BALTICS
  • PRIVATE EQUITY
  • VENTURE CAPITAL
  • PRIVATE DEBT
  • DISTRESSED ASSETS
  • REAL ESTATE
  • FINTECH
  • GREEN
  • PREMIUM
    • ItaHubHOT
      • ItaHub Legal
      • ItaHub Tax
      • ItaHub Trend
    • REPORT
    • INSIGHT VIEW
    • Private Data
Subscribe
  • COUNTRY
    • ITALY
    • IBERIA
    • FRANCE
    • UK&IRELAND
    • BENELUX
    • DACH
    • SCANDINAVIA&BALTICS
  • PRIVATE EQUITY
  • VENTURE CAPITAL
  • PRIVATE DEBT
  • DISTRESSED ASSETS
  • REAL ESTATE
  • FINTECH
  • GREEN
  • PREMIUM
    • ItaHubHOT
      • ItaHub Legal
      • ItaHub Tax
      • ItaHub Trend
    • REPORT
    • INSIGHT VIEW
    • Private Data
Home COUNTRY DACH

Munich’s allO raises €12 million Series A to expand its AI operating system for restaurants across Europe

EU Startupsby EU Startups
May 27, 2026
Reading Time: 3 mins read
in DACH, VENTURE CAPITAL
Share on FacebookShare on Twitter

allO, a Munich-based AI-native operating system for restaurants, has raised €12 million ($14 million) in Series A funding to expand across Europe and accelerate the rollout of its AI-powered digital employees.

The round was led by Zigg Capital, with participation from new investors LifeX Ventures, Aperture, and Wecken & Cie., alongside continued support from 20VC, which led the company’s 2024 Seed round, and from existing investor Keen Venture Partners, which first backed allO at the pre-Seed stage and has doubled down in three consecutive rounds.

Angels in the round include Fabian Siegel (co-founder of Marley Spoon), Mark Ransford, and Ludwig Fuchs (founder of Realtime Technology AG). Joining the board and advisory board are Elizabeth Chrystal (Principal at Zigg Capital, former CFO of Momofuku), Cornelius Everke (former management at Starbucks, Vapiano, and Burger King Germany), and Matt Baumgartner (former Product Director at Toast).

“Restaurant owners are the perfect user group for AI. They want the work done. They don’t want to learn another piece of software. Most aren’t tech-savvy, and they shouldn’t have to be. We leverage our all-in-one platform to build digital employees that get the job done for them, instead of teaching them how to press buttons,” said Cancan Liu, Founder and CEO of allO. 

Founded in late 2020 by Liu, Teodor Rupi, and Benedikt v. Lewinski, allO unifies POS, integrated payments, reservations, kiosks, delivery, webshop, and back office into a single platform, with a suite of AI-powered digital employees on top. 

Initially launched as a scan-to-order system during the pandemic, the founders soon realised that the core issue wasn’t the ordering process itself, but rather the outdated and inefficient underlying technology stack. Incumbents had little reason to fix it because independent restaurants were too small to matter to them. 

The team rebuilt allO as a POS and payments platform with scan-to-order built in. In 2024, they extended it across the front-of-house and back office. Setup takes less than 30 minutes on allO, whereas legacy POS systems required two weeks. Owners who previously reconciled revenue across five different systems now have everything accessible in a single dashboard.

“allO started with ethnic cuisine, which makes up roughly 70% of Germany’s restaurants and has been the most underserved by legacy software. Off-the-shelf systems were never built for multi-language teams, complex modifier menus, mixed dine-in and delivery channels, or varied payment behaviour. allO is now expanding to any cuisine with the same operating realities: complex workflows, chronic labour shortages and tight margins,” the company mentioned. 

The company is also launching its Reservation and Ordering Agent, the first of more than ten digital employees planned over the next 12 to 18 months. The voice agent answers every incoming call and pushes reservations and takeaway orders directly into allO’s system.

Today, allO serves over 1,000 active restaurant locations across Germany, including neighbourhood spots to multi-location local chains. The company reported that, since its Seed round, locations are up 6x and revenue 3.5x year-on-year, with 30% of new customers now coming through referrals. 

Next on the roadmap is The Inventory Agent, which autonomously places supplier orders and tracks consumption, work that most independent restaurants give up on today. It’s also planning to launch The Menu Agent, which updates menus across every channel in seconds while continuously testing for margin and sell-through.

Read the orginal article: https://www.eu-startups.com/2026/05/munichs-allo-raises-e12-million-series-a-to-expand-its-ai-operating-system-for-restaurants-across-europe/

Gateways to Italy

Gateways to Italy – Offer your services to funds and investors willing to explore opportunities in Italy. Become a partner!

Gateways to Italy – Offer your services to funds and investors willing to explore opportunities in Italy. Become a partner!

by Partner
June 6, 2023

Sign up to our newsletter

SIGN UP

Related Posts

GREEN

Bristol’s female-founded BioTech startup Mykor raises €4.6 million to grow low-carbon construction materials from waste

May 27, 2026
BENELUX

Airbnb leads €49 million Series C in Italian adventure travel company WeRoad

May 27, 2026
DACH

Pacifico Biolabs raises €7 million Series A to turn idle German breweries into alternative protein factories

May 27, 2026

ItaHub

Crypto-assets supervision rules in Italy, Banca d’Italia will supervise payment systems and Consob on market abuse

Crypto-assets supervision rules in Italy, Banca d’Italia will supervise payment systems and Consob on market abuse

November 4, 2024
Italy’s SMEs export toward 260 bn euros in 2025

Italy’s SMEs export toward 260 bn euros in 2025

September 9, 2024
With two months to go before the NPL Directive, in Italy the securitization rebus is still to be unraveled

With two months to go before the NPL Directive, in Italy the securitization rebus is still to be unraveled

April 23, 2024
EU’s AI Act, like previous rules on technology,  looks more defensive than investment-oriented

EU’s AI Act, like previous rules on technology, looks more defensive than investment-oriented

January 9, 2024

Co-sponsors

Premium

Italy’s distressed assets and NPEs weekly round-up. News from PWC, The Italian Government, The EU NPL Secondary Market Directive, and more

Global infrastructures investments will amount to 6.900 billion US Dollars per year by 2050 and data centers will catalize 3000 billion in 5 years, JLL and PwC say

April 30, 2026
Italy’s venture capital, nearly €2 bn in funding in 2025 (net of Bending Spoon’s venture debt). BeBeez Report

Italy’s venture capital, nearly €2 bn in funding in 2025 (net of Bending Spoon’s venture debt). BeBeez Report

February 3, 2026
Italian private equity accelerates, driven by add-ons. BeBeez reports.

Italian private equity accelerates, driven by add-ons. BeBeez reports.

September 7, 2025
AlixPartners: Automotive, retail and manufacturing sectors may go through restructuring in 2025

AlixPartners: Automotive, retail and manufacturing sectors may go through restructuring in 2025

July 11, 2025
Next Post

Airbnb leads €49 million Series C in Italian adventure travel company WeRoad

CVC Credit continues support for Curium through its Capital Solutions strategy

EdiBeez srl

C.so Italia 22 - 20122 - Milano
C.F. | P.IVA 09375120962
Aut. Trib. Milano n. 102
del 3 aprile 2013

COUNTRY

Italy
Iberia
France
UK&Ireland
Benelux
DACH
Scandinavia&Baltics

CATEGORY

Private Equity
Venture Capital
Private Debt
Distressed Assets
Real Estate
Fintech
Green

PREMIUM

ItaHUB
Legal
Tax
Trend
Report
Insight view

WHO WE ARE

About Us
Media Partnerships
Contact

INFORMATION

Privacy Policy
Terms&Conditions
Cookie Police

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • COUNTRY
    • ITALY
    • IBERIA
    • FRANCE
    • UK&IRELAND
    • BENELUX
    • DACH
    • SCANDINAVIA&BALTICS
  • PRIVATE EQUITY
  • VENTURE CAPITAL
  • PRIVATE DEBT
  • DISTRESSED ASSETS
  • REAL ESTATE
  • FINTECH
  • GREEN
  • PREMIUM
    • ItaHub
      • ItaHub Legal
      • ItaHub Tax
      • ItaHub Trend
    • REPORT
    • INSIGHT VIEW
    • Private Data
Subscribe
  • Login
  • Cart