RTIH presents the retail technology week in numbers
Do you like numbers? Do you like retail systems news? Then this is the article for you. Including Starship Technologies, Zepto, adidas Originals, and Walmart GoLocal.
$6 million…Cogsy, a real-time operational intelligence and supply chain management platform for SME e-commerce merchants, has raised a $6 million seed round led by Accel.
1,000…US-based autonomous delivery services firm, Starship Technologies, has revealed its 2021 Robot Wrap Up, highlighting the most popular and quirky requests and orders that its fleet of more than 1,000 robots have received in the past year.
$210 million…Korean online grocery startup Kurly has closed $210 million in a pre-IPO round from single backer Anchor Equity Partners.
The Seoul-based venture, which provides next-day grocery delivery services, will use the fresh capital to advance its data infrastructure and logistics service and recruit talent.
$125 million and $1 billion…Veho, a startup that enables personalised next-day package delivery, has announced a $125 million Series A raise led by General Catalyst at a $1 billion valuation.
$570 million and $100 million…Zepto, an India-based startup that operates a 10-minute instant grocery delivery service, has boosted its valuation to $570 million from $225 million after raising $100 million in a Series C round.
54% and 18%…Brits are ready to splash the cash more than ever this Christmas, according to research from Magnet Kitchens.
The retailer surveyed 2,000 UK home owners.
It found that 54% of Brits are planning this Christmas to be the biggest yet, with 18% wanting to make it as memorable as possible by claiming they are ready to spend more money than ever for the big day.
16…Miconex is rolling out its digital gift card technology to 16 towns and cities across the UK.
Sunderland, Watford, Gloucester, Malmesbury, Perth, Scarborough, Wimbledon, Ipswich, Swansea, Worthing, Arran, Glasgow, Aberdeen, Bradford, Edinburgh, and Colchester are the first places to introduce the place based digital e-card gifting solution.
The tech allows the towns and cities to have their own digital gift card, which works though the Mastercard network, digital wallet services such as Apple Pay and Google Pay, and a new Love Local app.
3,000…InPost has deployed just over 3,000 parcel locker units in the UK.
It follows a number of partnerships in 2021 including landlords such as Transport for London, Tesco, and Westfield, in addition to supporting over 100 retailers, including Missguided, Boohoo to JD Sports.
$22 million…adidas Originals has landed in the world of Web3 with what it calls “one of the most widely distributed NFT drops in history”.
Last weekend, the company pulled in over $22 million after its NFT pieces were minted within minutes of going live on sale.
$299 million…The Sage Group, which specialises in accounting, financial, HR and payroll technology for small and mid-sized businesses, is set to acquire Brightpearl, a cloud native omnichannel retail management system for retailers and wholesalers.
Sage already has a 17% minority stake Brightpearl. The consideration for the other 83% is $299 million, which will be funded from Sage’s existing cash and available liquidity.
1…Chico's FAS has become the first fashion client for Walmart's white label delivery service, Walmart GoLocal.
This has launched in select US markets, including Chicago, Illinois, and Fort Myers, Florida, and will expand to other parts of the country in 2022.
E-commerce orders from the company’s three brands - Chico's, White House Black Market and Soma - can be delivered to customers in as quickly as two hours.
5…Just Eat has announced a partnership with Asda, marking its first tie-up with a major grocer in the UK.
From January, Just Eat customers will be able to shop from five Asda stores, with the exact locations to be announced in the near future.
This builds on an existing relationship, which sees Just Eat delivering pizzas and meal deals from Asda Kitchen.
26%…UK footfall on Super Saturday (18th December) was down 26% compared to pre-pandemic levels, according to research from Sensormatic Solutions.
Data from its footfall index, which captures four billion shopper visits globally each year, shows that while shopper counts were up 22% year-on-year (although this represents a period when parts of the country were in tier four restrictions last year), the impact of the Omicron variant and rising wave of Covid-19 infections on consumer confidence has ebbed away at festive footfall.
AU$18 million…Australian instant online grocery supermarket, VOLY, has raised AU$18 million in a seed round led by Sequoia Capital India, and with increased backing from Global Founders Capital (GFC) and Artesian Capital.
The venture, which launched in July, says the cash will enable it to continue to scale, expand its team, rapidly increase operations across key urban centres and start a national roll-out.
