Zimplistic is a Singapore-based kitchen robotics startup led by CEO and co-founder Rishi Israni and CTO and co-founder Pranoti Nagarkar. Its flagship product, Rotimatic, is a fully automatic flatbread-making robot that can produce roti, pizza base, tortillas, wraps, millet-flour and gluten-free flatbreads. The product integrates consumer robotics with IoT and is available in the USA, U.K., Australia, New Zealand, Singapore, the Middle East and Canada. The company reported US$20 million in revenue in its first year of sales and recently expanded into five new markets (U.K., Australia, New Zealand, the Middle East and Canada). Zimplistic will use the new funds to continue to expand its business reach. The company raised US$30 million in a Series C round led by Credence Partners and EDBI. Zimplistic develops Rotimatic, an automatic flatbread maker that uses patented AI to measure and mix the correct flour-to-water ratio in real time and produce one roti per minute. The device can also make wraps, quesadillas and other dishes and is positioned as a fiber-rich, lower‑calorie option for users. Founded in 2008 by Pranoti Nagarkar and led by CEO Rishi Israni, the company operates out of Singapore and Mountain View, California. Zimplistic will use new funding to accelerate manufacturing rollout, cover working capital needs and establish operations in international markets. The company emphasizes its proprietary AI-driven hardware and automated production as core product advantages. No revenue or user metrics were disclosed in the article.

Total raised

$42M

Funding rounds

2

Latest round

Series C

Latest activity

Apr 2018