RTIH presents Retail Technology Week by the Numbers – Retail Technology Innovation Hub

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$ 177 million… E-commerce shipping platform company, Sendcloud, closed a $ 177 million Series C funding round.

This was led by Softbank Vision Fund 2 with a “significant” strategic investment of THE Catterton and participation of HPE Growth.

67%… Dark store formats are gaining popularity with UK consumers, with demand continuing even as the Covid-19 pandemic abates, according to a OneStock study.

Its survey of 2,022 UK shoppers found that 67% used dark store formats during the outbreak, choosing to click and collect or have orders filled online at a non-essential retail store that has been closed. to the public during the lockdown.

1… Amazon’s retail biometric scanner, the Amazon One palm reader, extends beyond the e-commerce giant’s own stores for the first time.

“As we approach the first anniversary of the launch of Amazon One later this month, I am delighted to announce that it is now available as an option to enter Denver, Colorado’s Red Rocks Amphitheater,” a said Dilip Kumar, vice president, physical retail and technology.

“Amazon One will be offered by Amazon on the site, where AXS, one of the leading digital ticketing companies, will deploy stand-alone ticketing stands, including Amazon One. “

“This means that by registering their AXS Mobile ID with Amazon One, fans now have the ability to simply scan their palm to enter concerts and events much faster and easier than before. “

$ 2 billion… Misfits Market, a US-based e-commerce platform that specializes in delivering food that would otherwise be wasted, closed a $ 225 million C-1 series, taking its valuation to $ 2 billion of dollars and total equity raised to $ 526.5 million.

SoftBank Vision Fund 2 led the round with participation from current investor Accel.

As part of the Series C-1 cycle, Lydia Jett, investor and partner at SoftBank Investment Advisers, will join the board of directors of Misfits Market.

15… Buyk, a startup that promises dark store delivery to your doorstep in 15 minutes, has been launched in New York.

Its service, which has no minimum expenses or delivery charges, is now available in Manhattan and plans are underway to expand to all New York boroughs by the end of 2021.

The company also plans to launch operations in 2022 in the largest metropolitan areas in the United States.

$ 100 million… Asian merchant platform Pine Labs raised an additional $ 100 million, just after raising $ 600 million in a funding round in July.

Invesco Developing Markets Fund made the investment. Pine Labs, which started out in India, was valued at $ 3 billion when it was fundraised in July.

$ 166.5 million… SellersFunding, which provides financial solutions to sellers on Amazon, Shopify, Walmart and other markets, has raised $ 166.5 million in equity and credit facility, with a Series A cycle led by Northzone , and also involving Endeavor Catalyst and Fasanara.

£ 3 million… Wilko, a UK chain selling housewares and household items, has announced a £ 3million investment in UK independent delivery company StreetDrone.

The investment, which is part of a larger, multi-million pound pre-series A ride, will allow StreetDrone to accelerate the development of its vehicle and delivery systems.

The plan is to bring standalone deliveries to Wilko consumers by the end of 2023.

£ 214 million… Online furniture retailer Made.com reports gross sales of £ 214million for the first half of 2021, representing 54% year-over-year growth.

$ 3 million and $ 12 million… UK-based convenience shopping app Jisp has opened a final round of private investment as the startup seeks to raise $ 3 million to support its US expansion plans.

The company has secured $ 12 million in funding to date.


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