Computer vision startup, Trigo Vision, says that its technology will be live in the store of a globally renowned grocery chain during the next year.
The venture recently emerged from stealth and bagged $7 million in a seed funding round led by Hetz Ventures and Vertex Ventures Israel. It 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.
In an interview with RTIH, Michael Gabay, CEO & Co-founder, says: “We’ve had an overwhelming response from retailers, especially leading grocers in the US and Europe. They are extremely excited about the technology and the vast added value our platform brings both to the market and customers. It is clear that our advanced retail automation platform story resonates very well with every top retailer we have been talking to.”
Read the full interview here.