Sweetgreen Divests Spyce to Wonder for $186.4 Million

November 8, 2025 - 05:06

Sweetgreen has announced its decision to sell Spyce, a company it originally acquired in 2021, to Wonder for a substantial sum of $186.4 million. This move comes as part of Sweetgreen's strategic realignment and focus on its core business operations. Spyce, known for its innovative Infinite Kitchen technology, was brought into the Sweetgreen family with the aim of enhancing food preparation and delivery capabilities.

The sale to Wonder marks a significant transition for both companies. Wonder, a startup focused on transforming the food delivery landscape, aims to leverage Spyce's cutting-edge technology to streamline its operations and improve service efficiency. The acquisition is expected to enhance Wonder's offerings in the competitive food delivery market, allowing for a more seamless customer experience.

Sweetgreen's decision to divest Spyce reflects its ongoing efforts to concentrate on its restaurant concepts and expand its presence in the fast-casual dining sector. As the food industry continues to evolve, this move signals a shift towards prioritizing operational strengths and customer engagement.