- Pixevia, a retail technology company, raised €1.5 million in new funding to expand in the US and Europe, focusing on integrating new venues like sports arenas and airports.
- OneStock, a provider of order management systems, secured a $72 million investment from Summit Partners to enhance omnichannel capabilities and customer experience.
- Quantia, a sales-boosting AI solution for consumer brands, received $1.2 million in pre-seed funding for product development and growth in Western Europe.
- Haz, an AI social commerce app connecting friends through owned items, obtained $1.4 million in pre-seed funding to develop AI technology and launch in the UK.
- Check, a Tenerife-based startup specializing in QR-based order and pay technology for restaurants, raised €624,000 to strengthen infrastructure and expand internationally.
Pixevia Secures €1.5 Million in New Funding
In the realm of retail technology funding, Pixevia has made significant strides by raising €1.5 million in new funding. This round saw the entry of new investors Coinvest Capital, Omni Commerce Ventures, and Rita Sakus, alongside primary investor Iron Wolf Capital. Furthermore, existing backers Open Circle Capital, Vladas Lašas, and Renaldas Zioma also played a crucial role in this funding round. The total raised by Pixevia now stands at €4.1 million, with previous investments coming from sources like EU research grants and equity investment.
The infusion of capital will be pivotal in driving Pixevia’s expansion plans, particularly in the US and Europe, with a special focus on the DACH region. The company aims to integrate its innovative retail technology solutions into various venues such as sports arenas, university campuses, and airports. This strategic move underscores Pixevia’s commitment to leveraging AI technology to enhance the retail experience for both businesses and consumers.
OneStock Receives $72 Million Investment from Summit Partners
OneStock, a leading provider of order management systems (OMS), recently announced a substantial $72 million investment from Summit Partners. Founded in 2015 by CEO Romulus Grigoras and CTO Benoit Baccot, OneStock is dedicated to simplifying the complexities of the omnichannel landscape for retailers and brands. Their cloud-native solution offers a centralized platform that streamlines end-to-end order fulfillment and visibility, enabling retailers to provide a seamless ‘buy anywhere, deliver anywhere, return anywhere’ experience to customers.
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The partnership with Summit Partners marks a significant milestone for OneStock, reaffirming their commitment to innovation and growth in the retail technology sector. With Summit’s extensive experience in the industry, OneStock aims to solidify its position as a global leader in the OMS category. The investment will fuel the company’s ambition to drive further growth and continue delivering smarter and more sustainable shopping experiences to customers worldwide.
Quantia Secures $1.2 Million in Pre-Seed Funding Round
Quantia, a forward-thinking company leveraging AI-driven recommendations to enhance sales for consumer brands, has successfully raised $1.2 million in a pre-seed funding round. Led by Inovo VC and Team X, with notable participation from business angels like Dominique Locher and Ben Lang, Quantia is poised for accelerated growth in Western Europe. Founded in 2023 by Marta Lacka, a seasoned professional with a background in managing multinational brands, Quantia is focused on driving innovation and efficiency in the retail landscape.
The influx of capital will be instrumental in further product development and expanding Quantia’s presence in key markets such as the UK, Nordics, Spain, and Germany. With a strong foundation built on AI technology, Quantia is well-positioned to revolutionize the way consumer brands engage with their customers and drive sales through personalized recommendations.
Haz Secures $1.4 Million in Pre-Seed Funding for AI Social Commerce App
Haz, a London-based startup, has captured investors’ attention by securing $1.4 million in pre-seed funding for its AI-powered social commerce app. Led by Speedinvest and supported by prominent programs like A16Z, Atomico, and Concept Ventures, Haz is set to revolutionize the way friends connect through shared possessions. With a focus on empowering Gen Z consumers to make informed resale decisions, Haz aims to bridge the gap in the resale market by providing valuable data and insights to users.
Co-founder Ronan Harvey-Kelly emphasizes the importance of Haz in a market where sustainability and resale value are key considerations for consumers. The funding will enable Haz to further develop its proprietary AI technology and launch the platform in the UK before expanding across Europe, catering to a growing demand for more sustainable and data-driven social commerce solutions.
Check Secures €624,000 for QR-Based Order and Pay Technology
Check, a startup based in Tenerife, has successfully secured €624,000 in a new funding round for its QR-based order and pay technology designed for restaurants. With investors including Eduardo Serrano from Esma Consulting and executives from multinational food and beverage firms, Check is poised for continued growth and expansion. Since its inception in 2022, Check has made significant strides in the Spanish market and expanded its customer base to France and Mexico.
The latest funding injection brings the total raised by Check to €1.4 million, enabling the company to strengthen its infrastructure and accelerate its international expansion plans. By harnessing the power of QR technology, Check aims to streamline the ordering and payment process for restaurants, enhancing the overall dining experience for customers and driving operational efficiency for businesses.
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