Walmart’s robotics partner just raised $17.5 million to fund more store automation

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…

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