Inside Nory’s Series B: disrupting hospitality with AI

In this special episode of What’s Cooking?, host Conor Sheridan, CEO and founder of Nory, is joined by Jose Gaytan de Ayala, Investment Manager at Kinnevik, to unpack Nory’s recent $37 million Series B raise. They dive into what attracted Kinnevik to Nory, how AI is revolutionising restaurant operations, and what it takes for a hospitality tech company to win in a legacy industry. This is a candid conversation about capital, culture, and creating real-world impact.

Nory is on a mission to put restaurants back in control of their own profitability. More sites opened, more jobs created, more money pocketed.

What You'll Learn in This Episode

>> How Nory plans to double profitability for restaurant partners

>> The power of permanent capital in venture investing

>> How AI is becoming a proactive force in hospitality operations

>> Why legacy industries like hospitality are ripe for tech disruption

Meet Our Guest

Jose Gaytan de Ayala is an Investment Manager at Kinnevik, where he leads SaaS and AI investments. With a background spanning Credit Suisse, NFX, and Kibo Ventures, Jose brings a systematic and growth-oriented approach to venture investing in Europe and the U.S.

About the Host

Conor Sheridan is the founder and CEO of Nory, an AI-powered restaurant management system alongside being the co-founder of Mad Egg. Conor blends hands-on restaurant experience with a passion for tech-driven efficiency and profitability in hospitality.

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