San Francisco-based kitchen robotics startup Posha (formerly known as Nymble) has raised $8 million (approximately ₹67 crore) in a Series A funding round led by Accel, with participation from Xeed Ventures, WaterBridge Ventures, and prominent angel investors, including Flipkart co-founder Binny Bansal.
This round follows the company’s previous funding of $8.81 million, bringing its total capital raised to nearly $17 million.
Funding to Improve User Experience and Expand Recipe Capabilities
According to the company’s press release, the newly raised capital will be used to expand Posha’s proprietary recipe database and significantly enhance the user interface and experience of its smart kitchen robot.
Founded by Raghav Gupta and Rohin Malhotra to Automate Home Cooking
Posha was founded in 2016 by Raghav Gupta and Rohin Malhotra with a vision to simplify everyday cooking through robotics and artificial intelligence. The company’s flagship product is a countertop kitchen robot that uses a combination of AI, computer vision, and precision robotics to automate the cooking process—from adding ingredients to adjusting heat and spice levels.
Smart Kitchen Robot Offers Over 1,000 Customizable Recipes
The robot is designed to function as a personal kitchen assistant, capable of cooking over 1,000 recipes across more than 10 global cuisines. Users can customize taste profiles, ingredient preferences, and dietary needs, making the robot ideal for both novice and experienced cooks.
It operates autonomously, identifying ingredients using vision models, following detailed cooking instructions, and ensuring meals are prepared with consistency and precision. This innovation positions Posha as a leader in the smart kitchen appliance market.
Affordable Automation: Pricing and Subscription Model
Posha has priced its intelligent cooking robot at $1,500 (around ₹2 lakh). The company also offers a subscription-based model, giving users access to a growing library of curated and personalized recipes. This approach aligns with Posha’s mission to make home-cooked meals healthier, fresher, and easier to prepare.
Growing Smart Kitchen Market in India and Beyond
The Indian smart kitchen appliance market is projected to reach $19.31 billion by 2030, driven by rising urbanization, changing lifestyles, and the increasing demand for convenience and healthy eating. Posha is well-positioned to tap into this rapidly expanding market.
The startup faces competition from other innovative kitchen tech companies such as Evochef, Mukunda Foods, and Beyond Appliances, but differentiates itself with its advanced AI capabilities and holistic cooking experience.