Posha Raises $8 Million in Series A Funding Led by Accel
Posha Raises $8 Million in Series A Funding Led by Accel

Posha Raises $8 Million in Series A Funding Led by Accel

News summary

AI-powered kitchen robotics startup Posha, formerly known as Nymble, has raised $8 million in a Series A funding round led by Accel, with participation from existing investors like Xeed Ventures, WaterBridge Ventures, and notable angel investors such as Flipkart cofounder Binny Bansal. The funds will be used to enhance Posha's AI technology, expand its recipe database, and improve the user interface of its countertop kitchen robot, which automates meal preparation and adapts to individual tastes. The robot leverages AI, computer vision, and sensors to manage the entire cooking process, offering customization and real-time monitoring. Priced at $1,500 with an optional subscription for additional recipes and features, the device aims to simplify home cooking for busy families and individuals. Posha has exited stealth mode and is now taking pre-orders, with shipments expected to begin next year. The company is positioning itself in the growing smart kitchen appliance market, competing with brands like Evochef, Mukunda Foods, and Beyond Appliances.

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