NEW YORK, June 18, 2024 (GLOBE NEWSWIRE) -- via IBN -- Nightfood Holdings Inc. ("Nightfood") (OTCQB:NGTF), an acquisition and development holding company, is thrilled to announce its recent acquisition of Future Hospitality Ventures Holdings, Inc. ("Future Hospitality"), a California-based provider of robotics and automation solutions to the hospitality and food service industries.
The vision behind Nightfood is to capitalize on explosive trends within the hospitality, food service and consumer packaged goods (CPG) markets.
Future Hospitality launched in California with valuable distribution contracts, months ahead of California's minimum wage increase that is currently making national headlines. Future Hospitality provides artificial intelligence (AI) enabled robotic solutions that deliver improved efficiencies, cost savings, and consumer experience in hospitality and food service.
"Incorporating Future Hospitality's advanced AI-enabled robotic solutions positions us at the forefront of innovation in the hospitality sector at this critical point in time," said Sonny Wang, the newly appointed chief executive officer of Nightfood. "We believe our success in this area can open up new avenues for growth and efficiency across our portfolio. Our customers can benefit from plug-and-play, AI-enabled automation which integrates easily and seamlessly into traditional restaurants, hotels, health care facilities, school cafeterias and other food service operations. There are exponential benefits for customers with a portfolio of locations, which is the ...