Five stand out retail tech funding rounds in 2019
RTIH rounds up the retail technology startups who have recently been making waves with major investments.
Logistics startup Cubyn has closed a Euro12 million round led by DN Capital and also including Partech Ventures, 360 Capital Partners, BNP Paribas Developpement and BPI France.
2. Standard Cognition
Autonomous checkout venture Standard Cognition has announced a $35 million Series B round of financing lead by EQT Ventures with participation from Initialized Capital, CRV and Y Combinator.
Trax, a Singapore-headquartered provider of computer vision and analytics solutions for the retail sector, has closed a $100 million Series D round, valuing it at over $1.1 billion.
Bulletin has raised $7 million in a Series A round led by Foundation Capital and with participation from Kleiner Perkins, Trail Mix Ventures and Afore Capital. This is its second round of funding, having announced a seed round of $2.2 million in 2017.
Mercato, a US-based online ordering and delivery platform for independent grocery stores, recently reported a $4 million funding round led by VC firm Greycroft.