Veesion secures a €53-million funding and opens a U.S. subsidiary Americas 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.
Asda and Currys invest in protection against theft and assault in the U.K. Europe In the U.K., thefts jumped by 25%, and assaults on staff by 50% in 2024. With the associated loss estimated at €4.8 billion per year for the sector, retailers are investing in more security. We review measures taken by Asda and Currys.
