On November 6, Sweetgreen announced that it was selling Spyce, its division that developed and made its Infinite Kitchen technology to automate the assembly of its bowls and salads. The acquirer is Wonder, the “restaurant and mealtime superapp,” as Fast Company dubbed it earlier this year.

With that, it’s time to eulogize Sweetgreen’s star-crossed life as a tech company. No more dreams of AI, blockchain, or robots.

Sweetgreen receives $100 million in cash and $86.4 million in Wonder stock, a positive return given that it acquired Spyce in 2021 for a total cost of $70 million. Wonder, which is privately held, was valued north of $7 billion in May after it raised another $600 million. Sweetgreen, which went public four years ago, has a market cap under $750 million.

After Sweetgreen’s dis

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