US startup Zippin pulls in further funding

Cashierless checkouts startup, Zippin, has closed a $12 million Series A funding round, led by Evolv Ventures.

Other investors included SAP.iO, Scrum Ventures, Arca Continental, and Nomura Research Institute and NTT DOCOMO Ventures.

The venture is also introducing Zippin Cube, a modular, pre-fabricated cashierless store-in-a-box, roughly 300 – 500 sq. ft.. This is currently running in the Golden 1 Center Arena in Sacramento, California.

Zippin has now raised $15 million in total. It previously received an undisclosed strategic investment from Braziilan retailer Lojas Americanas, whose Ame Go convenience stores will be powered by the company’s technology.

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Funding roundsStaff WriterZippin, Startups, Cashierless stores, Funding rounds, Payments, Mobile payments, Retail technologyComment