# Posh

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/posh

- Industry: Industrial Machinery
- Headquarters: San Mateo, US
- Website: www.poshrobotics.com
- Total disclosed funding: $4.3M
- Latest round: Seed (Jun 22, 2022)
- Investors on record: 7

## About

Based in California, US, and founded in 2021, Posh Robotics Inc. is providing a safe and scalable process for battery pack renewal. In June 2022, the firm raised USD 3.8 million in seed funding led by returning investor Helium-3 Ventures, with participation from another returning investor Y Combinator, new investors UpHonest Capital, Starling Ventures, Outbound Capital, Metaplanet Holdings, and many more.

Posh offers EV battery recycling robots and computer vision that estimates the uncertainties in the process, gather unused lithium-ion batteries, and automate the process of disassembling battery backs. Additionally, the company handles the disassembly of all EV batteries irrespective of their shapes and sizes.

The company will use the June 2022 funding to support its platform development and its international growth expansion plans.

## Funding rounds

- Seed, Jun 22, 2022, $3.8M — Y Combinator, Global Founders Capital, Starling Ventures, UpHonest Capital, Metaplanet Holdings, Outbound Capital, Helium-3 Ventures
- Seed, Jan 1, 2022, $0.5M — Y Combinator, Helium-3 Ventures

## Investors

- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed
- Helium-3 Ventures (https://capitalatlas.ai/funds/helium-3-ventures) — Seed
- Global Founders Capital (https://capitalatlas.ai/funds/global-founders-capital) — Seed
- Starling Ventures (https://capitalatlas.ai/funds/starling-ventures) — Seed
- UpHonest Capital (https://capitalatlas.ai/funds/uphonest-capital) — Seed
- Metaplanet Holdings (https://capitalatlas.ai/funds/metaplanet-holdings) — Seed
- Outbound Capital (https://capitalatlas.ai/funds/outbound-capital) — Seed