Zippin, a check-out free shopping technology company, has raised $12 million in a Series A funding round led by Evolv Ventures, the venture fund backed by Kraft Heinz. The round brings the company’s total funding to $15 million, which will allows Zippin to further invest in product innovation, grow its technical team, and expand sales and partnership efforts.
“When we launched the Zippin platform for retailers in 2018, we removed friction from the checkout process. With the Zippin Cube, we are aiming to remove friction from bringing that experience to retail stores,” said Krishna Motukuri, CEO of Zippin. “We obsess about retail operations and physical infrastructure just as much as we obsess about AI and computer vision. That’s why we have more operational public stores than most other startups in the checkout-free space.”
Related: Retail Business Services Tests Frictionless Store Tech; Sobeys to Use Caper Smart Carts.
from Specialty Food News https://ift.tt/2rMSgtd
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