EDBI and Credence Partners co-led the Robert Bosch-backed flatbread appliance maker's series C round as it expands into new markets.
Zimplistic, the Singapore-based kitchen appliance developer backed by industrial equipment and appliance maker Robert Bosch, has received $30m in series C funding, Business Insider Singapore reported yesterday.
Private equity firm Credence Partners co-led the round with EDBI, the investment arm of the Singaporean government’s Economic Development Board, investing together with unnamed existing backers.
Zimplistic is the creator of Rotimatic, an internet-connected appliance that makes flatbreads such as rotis, pizzas or tortillas using flour, oil and water. The funding was announced…
