On October 24, U.S. retail tech company Simbe Robotics closed a US$50 million Series C round, led by Goldman Sachs, with investors Eclipse Ventures and Valo Ventures. Its 1.8-meter white robots, equipped with computer vision software, detect out-of-stocks, pricing and merchandising errors and alerts staff. The solution is based on a Robot-as-a-service (Raas) model, with monthly subscriptions depending on the size of a store, the number of stock-keeping units (SKUs) and the functionalities...
Simbe raises US$50 million to deploy computer vision robots
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