Presto Automation Announces Sale of Assets to Consortium Led by Remus Capital

SAN CARLOS, Calif., Jan. 07, 2025 (GLOBE NEWSWIRE) -- Presto Automation (“PRST”), a leading provider of AI-driven solutions for the quick-service restaurant (QSR) industry, today announced the conclusion of its Article 9 sale process and the successful auction results from December 3, 2024 of the Presto Automation business. Remus Capital led a group of investors including Link Ventures and PRST’s prior lender, Metropolitan Partners Group, to acquire the assets of PRST. The new entity will be called Presto P ...