Including Pixevia, OneStock, and Haz: Five retail technology funding rounds you need to know about

RTIH rounds up five retail systems ventures who have recently secured significant investments in their businesses, including ventures focused on autonomous stores, order management systems, and social commerce apps.

1. Pixevia

AI retail technology company, Pixevia, has raised €1.5 million in new funding. This saw new investors Coinvest Capital, Omni Commerce Ventures and Rita Sakus join primary investor Iron Wolf Capital in the round.

Other prominent existing backers Open Circle Capital, Vladas Lašas, and Renaldas Zioma made significant contributions.

The cash will be directed towards planned expansions throughout the US and Europe, especially within the DACH region. Included in these plans are the integration of new venues such as sports arenas, university campuses, and airports.

Pixevia has raised €4.1 million to date. Some of that was from EU research grants and mostly from equity investment. 

2. OneStock

OneStock, a provider of order management systems (OMS), has announced a $72 million investment from Summit Partners.

OneStock was founded in 2015 by CEO, Romulus Grigoras, and CTO, Benoit Baccot, to help retailers and brands navigate the increasing complexity of the omnichannel landscape and enhance overall customer experience.

The company’s cloud native solution provides a centralised platform designed to manage end-to-end order fulfilment and visibility and enable retailers to offer a ‘buy anywhere, deliver anywhere, return anywhere’ experience to customers.

"Since the beginning, we have been dedicated to creating smarter and more sustainable shopping experiences, and our partnership with Summit marks a thrilling new chapter in our journey, reaffirming our long-term commitment to innovation and growth in the retail technology space,” comments Grigoras.

“With Summit's support and the benefit of their deep experience in the retail technology sector, we're poised to accelerate our growth even further. Our clear ambition is to emerge as the number one global leader in the OMS category.”

OneStock

3. Quantia

Quantia, whose solution helps boost sales for consumer brands with AI driven recommendations, has bagged $1.2 million in a pre-seed round.

This was led by Inovo VC and Team X, including Ariel Finkelstein, with participation from business angels, such as Dominique Locher (founder of LeShop.ch), and Ben Lang (one of the first 15 employees at Notion).

The company will use the cash for further product development and to facilitate growth in Western Europe, primarily in the UK, Nordics, Spain and Germany. 

It was founded in 2023 by Marta Lacka, whose experience includes managing multinational brands in Procter & Gamble, as well as leading product development in tech scale ups.

4. Haz

London-based startup Haz, an AI social commerce app that connects friends through the things they own, has landed $1.4 million in pre-seed funding led by Speedinvest with participation from the scout programmes of A16Z (co-founder Reface, Dima Shvets), Atomico (Sameer Singh), Concept Ventures (Oliver Kicks), and individuals from Lapse, Lendable, Lottie & Ecoigo.

The cash will be used to develop its proprietary AI technology and launch the platform in the UK before expanding across Europe. 

“82% of Gen Z now think about the resale value of an item before they even buy it, yet 47% of items fit for resale remain unsold,” says Haz Co-founder Ronan Harvey-Kelly.

“It takes a lot of time to resell something and consumers still lack the data they need to make informed resale decisions. That’s where Haz comes in.”

Haz

5. Check

Check, a Tenerife-based startup specialising in QR-based order and pay technology for restaurants, has secured €624,000 in a new funding round.

Investors included Eduardo Serrano from Esma Consulting and executives from multinational food and beverage firms, software industry leaders, and prominent entrepreneurs.

Since its inception in 2022, Check has made inroads within the Spanish market and has expanded its customer base to France and Mexico.

The capital injection brings the total raised to €1.4 million, enabling the company to strengthen its infrastructure and boost its international expansion plans.