Computer vision startup, Trigo Vision, has emerged from stealth and bagged $7 million in a seed funding round led by Hetz Ventures and Vertex Ventures Israel.
The venture is taking on the likes of Amazon Go and Microsoft in the frictionless checkout race. The cash will be used to grow its core R&D team and build new applications for its retail automation platform." We believe the company's strengths as a team have driven them to where they are today,” says Judah Taub, Managing Partner at Hetz Ventures. “Its cutting edge technology combined with its passion and execution skills will help define the future of brick and mortar retail."
Michael Gabay, Co-founder and Trigo Vision’s CEO, comments: “We’re already in talks with major grocers globally. With this investment, we will be looking to develop additional novel applications to our tracking technology, driving in-store operational efficiency and customer engagement even further.”