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Venture Capital News: AiFi Raises $65 Million in Series B

2022-03-11
SANTA CLARA, CA, AiFi, a shopping solutions platform, announced a $65 million Series B funding round.
AiFi, an AI platform that enables retailers to affordably deploy and scale autonomous shopping solutions, announced a $65 million Series B funding round with participation from ALDI South Group, Żabka Group, REWE, Verizon Ventures, and Qualcomm Ventures LLC, among others.

The company's technology is being used to deploy a diverse set of store formats including grocery stores, sport stadium canteens, convenience stores at universities, and more. AiFi's camera-only solution does not require weighted shelves, which significantly reduces the deployment cost and time.
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