Dutch-based Nuwa Pen secures €1.5M in fresh round funding, with the investment coming from a US consumer goods company. With this, Nuwa Pen’s seed funding for the prior year now totals €2.5 million.
The funds raised will help with the Nuwa Pen’s last stages of development. This pen, which digitises handwritten notes, is billed as the most sophisticated in the world. March 2024 is the planned launch date for the pen, and Nuwa Pen’s support from the publicly traded US company will help it as it enters production.
Nuwa Pen was established in 2020 by Marc Tuinier and is intended for people who, in spite of the growing number of digital pens, still prefer using a pen and notebook.
The pen aims to combine modern technology with the emotional connection that users have with taking notes by hand.
With its built-in camera system and sophisticated algorithms, the Nuwa Pen precisely captures handwritten lines on paper and saves them digitally so that users can organise them using the Nuwa Pen app. Future innovation is made feasible by the recent investment in Nuwa Pen. It is anticipated that Tuinier and his team will soon make new product announcements as they investigate spatial computing projects.
Founder Tuinier said “It’s clear there is a lot of buzz around Nuwa Pen, so we can’t wait for it to go to market. I’m immensely grateful to our investors.Right from the start, they have bought into our vision, and moved very quickly to ensure we have the funding in place to take the Nuwa Pen through the production process and into people’s hands.”
About Nuwa Pen
The era of extended reality that Nuwa Pen ushers in is just getting started. Imagine living and working in a society where it is difficult to distinguish between reality and screens. This change is sparked by Nuwa Pen, which gives you the ability to turn the world into a canvas and engage with it in novel and fascinating ways.