Keep tabs on these retail tech startups in 2020
RTIH is tipping these new kids on the retail block to make waves this year.
1. Pointy
Google is set to acquire Pointy, an Irish startup that helps people find out what their local stores have in stock.
Terms of the deal, expected to close in the coming weeks, were not disclosed, although according to media reports Google is shelling out €147 million.
2. StoreHub
PoS and e-commerce platform provider StoreHub has announced a $8.9 million Series A+ funding round, led by Vertex Ventures.
3. Coniq
CRM and loyalty specialist Coniq recently closed a £6.4 million funding round, led by Guinness Asset Management and Maven Capital Partners.
4. Kar-go
Martin Newman, founder of The Customer First Group and former Practicology boss, has made an undisclosed investment in UK-based autonomous delivery startup Kar-go.
5. Soft Robotics
Soft Robotics has closed a Series B funding round, raising $23 million co-led by Calibrate Ventures and Material Impact and including existing backers Honeywell, Hyperplane, Scale, Tekfen Ventures and Yamaha.
6. IMAGR
New Zealand automated checkout startup IMAGR has received backing from Toshiba Tec Corporation.