Veesion (ARR 2024: €10 million in 2024), a French start-up founded in 2018 that uses AI to detect suspicious behaviour in stores using cameras, announced on May 21 that it raised €38 million in Series B funding, in addition to €15 million in non-dilutive financing. This brings the total amount raised to €53 million. The funding round was supported by White Star Capital, Red River West and Bpifrance, which join current shareholders Odyssée Ventures, Verve Ventures and Founders Future. Co-founded
…Veesion secures a €53-million funding and opens a U.S. subsidiary
As shoplifting becomes more prevalent in the retail sector, particularly in the U.S. amid inflation and price increases, Veesion (specialising in AI-powered detection of in-store behaviours) has secured major Series B funding. Here are the details.
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