Aifi, a Santa Clara, CA-based AI platform that enables retailers to deploy and scale autonomous shopping solutions, raised $65M in Series B funding.
The round, which brings total funding to $80m, was led by LDI South Group, Żabka Group, REWE, Verizon Ventures, and Qualcomm Ventures. Other retail investors include HP Tech Ventures, Mithril Capital, and ALDI South Group.
The company intends to use the funds to expand its technical team and expand its business reach.
Led by CEO Steve Gu, AiFi provides an AI platform that enables retailers to deploy and scale autonomous shopping solutions across their businesses. Leveraging computer vision, AiFi adapts to existing store formats without the need for shelf sensors, and provides advanced tracking algorithms that can scale up to 10,000 square feet to support various shopper journeys such as an app, credit card, gated, or hybrid entry.
The company works with top retailers worldwide such as ALDI South Group, Carrefour, Compass Group, and Żabka Group.
FinSMEs
14/03/2022