Robert Bosch joined existing investor NIS Ventures in funding Zimplistic, the developer of an automatic roti making machine.
Singapore-based intelligent kitchen product maker Zimplistic has closed an $11.5m series B round featuring Robert Bosch Venture Capital (RBVC), industrial conglomerate Robert Bosch’s strategic investment arm.
NSI Ventures, the venture capital subsidiary of private equity firm Northstar, also participated in the round. Jan Westerhues, an investment partner at RBVC, and Hian Goh, general partner at NSI, will join Zimplistic’s board in conjunction with the funding.
Zimplistic is the creator of a fully automatic roti maker called Rotimatic. The device measures…