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Artificial Intelligence Machine Learning North America Retail Retail Technology Shopping

Standard Raises $150M in Funding

– Standard Cognition is a San Francisco, CA-based provider of an autonomous checkout solution that can be installed in retailers’ existing stores.
– Company raised $150m in Series C funding.
– The round was led by SoftBank Vision Fund 2 with participation from existing investors CRV, EQT Ventures, and TI Platform Management; and new investors SK Networks and others.
– The new investment will be used to expand operations and business reach.

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Europe Fashion Shopping Web Apps

Reflaunt Raises $2.7 Million From Luxury Industry Leaders, Led by MadaLuxe Group

– Reflaunt Raises $2.7 Million From Luxury Industry Leaders, Led by MadaLuxe Group
– Reflaunt, a disruptive Resale-as-a-Service (RaaS) technology company empowering global fashion brands to embrace circularity, today announced that it has secured $2.7 million in pre-Series A funding, led by the investment arm of MadaLuxe Group, a leading worldwide distributor of luxury fashion.
– Participating investors include former Jimmy Choo CEO and Coty Senior Advisor Pierre Denis, Ganni founder and former CEO Nicolaj Reffstrup, Textile Innovation Fund, Piquadro, Bluebell Group and sustainable fashion accelerator Fashion For Good.

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Apps E-Commerce Europe Fashion Internet Shopping Software

Ubamarket Raises £2.9M in Growth Equity Funding

– Ubamarket, a London, UK-based provider of a ‘Scan Pay Go’ retail tech app, raised £2.9m in equity funding.
– The company intends to use the funds to expand its business reach into new industries such as hospitality.
– The new investment was led by IW Capital and includes existing investor, MMC Ventures.

Source
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