Standard Cognition helps retail stores stand up to Jeff Bezos’ juggernaut. The $50 million-funded autonomous checkout startup is racing to equip bigger shops with scanless payment technology that lets customers walk out the door without ever stopping at a cashier. While Amazon Go opens its own 2,000 square foot boutiques, Standard Cognition is working on […]
View More To automate bigger stores than Amazon, Standard Cognition buys Explorer.aiCategory: Standard Cognition
Standard Cognition raises $40M to replace retailers’ cashiers with cameras
The Amazon Go store requires hundreds of cameras to detect who’s picking up what items. Standard Cognition needs just 27 to go after the $27 trillion market of equipping regular shops with autonomous retail technology. Walk into one of its partners’ stores and overhead cameras identify you by shape and movement, not facial recognition. Open […]
View More Standard Cognition raises $40M to replace retailers’ cashiers with camerasStandard Cognition raises another $5.5M to create a cashier-less checkout experience
As Amazon looks to increasingly expand its cashier-less grocery stories — called Amazon Go – across different regions, there’s at least one startup hoping to end up everywhere else beyond Amazon’s empire. Standard Cognition aims to help businesses create that kind of checkout experience based on machine vision, using image recognition to figure out that […]
View More Standard Cognition raises another $5.5M to create a cashier-less checkout experience