Trigo bags $10M for computer-vision-based checkout tech to rival Amazon’s ‘Just Walk Out’
Trigo, which has produced a computer vision system that includes both camera hardware and encrypted, privacy-compliant software to enable “grab and go” shopping, has bagged $10 million in funding from German supermarket chain REWE Group and Viola Growth.
TechCrunch
June 15, 2021
Israeli AI startup Trigo has secured $10 million in funding from German supermarket chain REWE Group and Viola Growth. Trigo has developed a computer vision system for "grab and go" shopping, where customers can pick up items that are automatically detected and billed as they leave the store. The funding brings Trigo's total raised to over $100 million. REWE Group plans to open a "grab and go" store in Cologne as part of the partnership, and Trigo's technology is also being used by Tesco in the UK and Shufersal in Israel. The investment reflects REWE's focus on technology partnerships to stay competitive in the evolving grocery industry.
Read more in TechCrunch
