Retail Robotics Solutions raises €500,000 for AI self-checkout expansion

Sep 20, 2023 · Funding · Retail Robotics Solutions · Service

Retail Robotics Solutions raised €500,000 to expand its computer-vision self-service checkout business in Europe.

Retail Robotics Solutions company media
Company media · Retail Robotics Solutions
  • Ariel Investments led the financing in exchange for a 6.25 percent equity stake.
  • The company planned to use the capital to expand its restaurant and corporate-canteen customer base.
  • Its Robot Cashier system uses computer vision to recognise food items and automate checkout without individual barcode scanning.