VC Fund Investments
Kitchen robotics startup Posha raises $8-M
Press Release Economic Times Posha
Bangalore-based kitchen robotics startup Posha (formerly known as Nymble) has raised USD 8 million in a Series A equity funding round led by existing VC investor Accel India. The round also saw participation from other existing investors including Xeed Ventures and Waterbridge Ventures and angel investors including Flipkart co-founder Binny Bansal, Asha Jadeja Motwani, and GreyOrange founders Samay Kohli and Akash Gupta. The fresh capital will be used to expand Posha’s recipe database, enhance its artificial intelligence (AI) capabilities, and improve the user interface and product availability.Posha claims to have developed a countertop kitchen robot that automates the entire cooking process using computer vision, AI, and robotics. Equipped with cameras and thermal sensors, the robot can independently add ingredients, control heat, and adjust spice levels during cooking.
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