Nuwa Pen, a Groningen, the Netherlands-based provider of a pen that digitizes the words put to paper, received €1.5M in investment from a US consumer goods company.
The company intends to use the amount to expand operations and its business reach.
Led by CEO Nuwa Pen uses an inbuilt camera system and algorithms to perfectly capture every stroke made on paper. It then stores creations, helping to keep them in one place. Customers can save and share millions of notes digitally and keep them organized and accessible through the app. Contents are digitized and can also benefit from the augmented notes feature, which is like having a personal assistant.
FinSMEs
04/01/2024