Autonomo bags Meyer, part of Edeka Group, as customer and Brookstreet Equity Partners as core investor

Autonomo, a German provider of computer vision technology for retailers, has announced a new (undisclosed) investment from Brookstreet Equity Partners and its inaugural customer in Meyer, part of the EDEKA group.

This will lead to the opening of several new autonomous stores in northern Germany, equipped with technology such as artificial intelligence, computer vision and machine learning.

"We are thrilled to partner with Autonomo to deliver the future of retail to our customers," says Jörg Meyer, Owner and CEO at Meyer's Frischecenter.

"We looked at several providers and Autonomo's cutting-edge technology is best designed to simplify the shopping process for retailers and customers."

"Our first autonomous store will offer a wide range of products, including fresh fruits and vegetables, dairy, meats, wines, beers, and bakery. Customers can use their credit/debit cards or smartphones to access the store and make purchases without any human intervention, simplifying the shopping process."

Autonomo was founded in 2021 by Patrick Müller-Sarmiento (ex-CEO Metro/real Group and Senior Partner at Roland Berger) and James Sutherland (Harvard alumni).

"Helping Meyer to solve their biggest problems in their physical stores validates the hard work and dedication of our talented team,” says Sutherland.

Müller-Sarmiento comments: "We've tested thoroughly and look forward to announcing more innovative success stories in the near future."