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Get ready to see more robots cruising the aisles at stores.
Bossa Nova Robotics just raised $17.5 million to help it build out its line of inventory-scanning retail robots. The funding round comes fresh off of a deal the startup inked with Walmart last month that will put Bossa Nova’s automated store clerks in 50 of the big-box chain’s stores.
Investors behind the round include Intel Capital, WRV Capital, and Lucas Venture Group. The news brings Bossa Nova’s total funding to date to $41.7 million.
The company says the money will go towards building out its engineering team to scale its robotics operation and grow its data service. Read more…
More about Robots, Retail, Walmart, Bossa Nova, and Business
Why count inventory when the robots can do it? Retailers are using machines from a startup called Bossa Nova Robotics to analyze what’s selling on the shelves. The robots drive autonomously through store aisles figuring out what has sold and then sends back data. The company is now raising $17.5 million Series B led by Paxion to scale its business. Intel Capital, Cota Capital and others…