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RETAIL TECHNOLOGIES

By RETAIL TECHNOLOGIES

Daisy Intelligence Raises C$10 Million in Funding to Scale its AI Platform

September 2019 RETAIL TECHNOLOGIES Daisy Intelligence Raises C$10 Million in Funding to Scale its AI Platform Series A investment round by Framework Venture Partners and Sonae IM Daisy Intelligence announced that it has raised C$10 million (Canadian dollars, c. €7M) in Series A financing led by Framework Venture Partners and partnered by European-based corporate investor, Sonae IM. The funding will enable Daisy to expand globally, invest in sales and marketing, provide further support for its customer success teams, and expand its operational infrastructure as growth demands. Daisy’s AI-powered technology platform helps retailers and insurance companies generate significantly improved financial results by delivering business recommendations and automating complex processes beyond human capability. Daisy is driving a revolution in retail with its core AI SaaS platform, adding intelligence and automation to merchandising decisions. Daisy has helped its retail clients increase year over year, same store sales an average of 2.9% by optimizing...
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By RETAIL TECHNOLOGIES

ciValue Named a Gartner Cool Vendor in Retail for Excellent Execution of Customer Expectations

June 2019 RETAIL TECHNOLOGIES ciValue Named a Gartner Cool Vendor in Retail for Excellent Execution of Customer Expectations ciValue believes the recognition validates its customer-centric AI & monetization solution for FMCG retailers to personalize the customer experience to grow the bottom line ciValue enables FMCG retailers to drive revenue, strengthen their collaboration with product suppliers, and increase customer share of wallet with deep, flexible personalization and customer analytics. The powerful AI innovations allow retailers and suppliers to understand customers’ key preferences and ever-evolving needs, coordinate their joint sales and marketing activities, and deliver the personalization required to give customers exactly what they want. Its mission is to transform retail from a zero-sum game to an “everybody wins” game for retailers, suppliers, and customers. To achieve this, the company delivers an advanced AI-based, collaborative analytics and relationship marketing platform that helps retail marketers and product suppliers focus directly on consumers. According...
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By RETAIL TECHNOLOGIES

CB4 Raises $16 million series B to further deliver AI software to brick & mortar retail

April 2019 RETAIL TECHNOLOGIES CB4 Raises $16 million series B to further deliver AI software to brick & mortar retail Retail operations and IT teams improve floor execution and customer experience through CB4’s pattern-recognition AI software CB4, an AI software company for brick and mortar retail teams, announced their completed series B for $16M. The round was led by Octopus Ventures with the participation of Sonae IM and existing investors Sequoia Capital and Pereg Ventures. Octopus Ventures is one of Europe’s largest Venture Capital teams, with successful exits from Microsoft, Twitter, Amazon, and Google. “You read a lot about ecommerce giants, but online sales account for just 14% of the total retail market share,” said Eyal Rabinovich, a partner at Octopus. “This leaves a huge opportunity for brands that can provide a better and more efficient shopping experience to their customers. The demand for easy-to-integrated and easy-to-use technologies with proven...
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By RETAIL TECHNOLOGIES

ViSenze raises $20 Million Series C in a co-led funding round by Sonae IM and Gobi Partners

March 2019 RETAIL TECHNOLOGIES ViSenze raises $20 Million Series C in a co-led funding round by Sonae IM and Gobi Partners This latest funding round enables the artificial intelligence company to further invest in its penetration among smartphone manufacturers, as well as with consumer and social communication applications ViSenze, the artificial intelligence company powering visual commerce, today announced it has raised $20 million in Series C funding. Sonae IM, European-based corporate venture investor specializing in retail and telco tech as well as cybersecurity and Gobi Partners, a venture capital firm focusing on innovative technologies in China, Hong Kong, and Southeast Asia co-led the round with participation from a number of new investors as well as existing investor Rakuten. Founded in 2012, ViSenze is experiencing significant global expansion with over 80 employees, offices in Singapore, China, the United Kingdom, the United States, South Korea, and Japan, as well as global customers...
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By RETAIL TECHNOLOGIES

ciValue raises $6M in a Series A funding led by Sonae IM and Nielsen

October 2018 RETAIL TECHNOLOGIES ciValue raises $6M in a Series A funding led by Sonae IM and Nielsen The new funding round will allow ciValue to expand its precision marketing and supplier digital advertising platform for retailers and to further accelerate its global expansion CiValue, a disruptive provider of cloud-based Precision Marketing and Supplier Advertising Platforms for Retailers, announced today a $6M Series A investment, led by Sonae IM and Nielsen. The investment comes at a time when the retail industry is going through rapid transformation. Retailers are facing increasing competition from new players and are looking for ways to increase revenue and customer loyalty. For this reason, they need to have a deep understanding of their customers and to be able to act fast. In this new reality, ciValue offers a unique cloud-based product that powers Fast Moving Consumer Goods (FMCG) retailers to personalize offers, increase customer engagement, and...
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By RETAIL TECHNOLOGIES

Sonae IM invests in Nextail, that has raised $10M to empower retailers with smart inventory decisions

July 2018 RETAIL TECHNOLOGIES Sonae IM invests in Nextail, that has raised $10M to empower retailers with smart inventory decisions Nextail, the fast-growing tech company that brings artificial intelligence into retailers’ inventory planning and merchandising decisions, has today announced that it has closed $10M in new funding. The Series A round was led by London and Amsterdam based venture capital firm KEEN Venture Partners LLP (“KEEN”), together with Sonae Investment Management (“Sonae IM”) and existing investor Nauta Capital. The new financing is being used to accelerate product development and double the size of the team, as it grows internationally. Founded by Joaquín Villalba and Carlos Miragall in 2014, Nextail has developed a cloud-based platform that combines artificial intelligence and prescriptive analytics to upgrade retailers’ inventory management processes and store operations. Nextail provides retailers with data-driven decisions and the operational excellence of fast fashion, transforming how they buy new collections and...
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By RETAIL TECHNOLOGIES

Ometria – our latest venturing investment

October 2017 RETAIL TECHNOLOGIES Ometria - our latest venturing investment Sonae IM invests in Ometria’s $6m Series A round Sonae Investment Management (Sonae IM) announces today its investment in Ometria, a London-based AI-powered customer marketing platform with the vision to become the central hub that powers all the communication between retailers and their customers. This investment in Ometria is an additional step of Sonae IM’s venturing strategy, which has also been reinforced by the increasing role of Bright Pixel as a relevant tech early stage player in the market. We are glad to announce that Sonae IM has entered as a new investor in the $6m Series A investment round, alongside several strategic investors (Summit Action, the US VC fund of the Summit Series; Samos Investments, a UK VC fund specialising in retail and ecommerce) and other key investors in this round (Adjuvo, the UK investment syndicate; Sir George Buckley,...
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By RETAIL TECHNOLOGIES

Inovretail – Growth in the Retail Analytics Space

January 2017 RETAIL TECHNOLOGIES Inovretail – Growth in the Retail Analytics Space Extending the boundaries of possible “Imagination is more important than knowledge for knowledge is limited to all we now know and understand, while imagination embraces the entire world, and all there ever will be to know and understand.” Albert Einstein I always found this quote from Albert Einstein mind opening. A theoretical physicist, someone who devoted his life to the expansion of our knowledge of the universe, so adamant about the notion that to be able to truly innovate and outgrow the boundaries of our current knowledge, one has to have the power of imagination! It sounds so simple, but the reality is that it implies thinking outside of what’s deemed possible, which couldn’t be more fitting with what we’ve been working hard to do at Inovretail since our inception. From Business Intelligence to Predictive Intelligence Back in...
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By RETAIL TECHNOLOGIES

Sonae IM invests in StyleSage’s Series Seed $ 2 Million USD Round

October 2016 RETAIL TECHNOLOGIES Sonae IM invests in StyleSage’s Series Seed $ 2 Million USD Round Sonae IM, Sonae’s Corporate VC, invested in StyleSage, an US-based machine learning and image recognition company that delivers data-driven insights to retailers and brands to help them get ahead of competitors. Sonae IM participated in the $2 Million USD Series Seed investment round, led by US investor Trammell Venture Partners, an existing StyleSage investor, joined by other existing investors. StyleSage is a predictive analytics and real-time sales optimization platform that enables brands to price, design, and buy new products in the fashion, home and beauty sector. Every day, StyleSage pulls product data from competitors’ ecommerce websites from around the world. Then, with groundbreaking technology in machine learning and visual recognition, StyleSage cleans, organizes, and analyzes the massive amounts of collected data into a cloud-based dashboard that empowers brands and retailers to make informed, data-driven...
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By RETAIL TECHNOLOGIES

Sonae IM invests in InovRetail

July 2016 RETAIL TECHNOLOGIES Sonae IM invests in InovRetail Sonae IM, Sonae’s Corporate Venture Capital, has just announced the investment in InovRetail, becoming a reference shareholder in the technology startup. InovRetail’s core business is focused on advanced analytics tools, aiming to assist retailers in improving their performance, by making more informed decisions. Sonae IM will play a decisive role in supporting InovRetail to become a global data analytics reference for retailers. InovRetail’s solutions allow retailers to adjust their offer and increase sales by processing their data, as well as in making highly reliable predictions. Moreover, these tools will create opportunities for retailers to improve their customers’ in-store experience. Over 500 reference retailers’ stores have implemented InovRetail solutions, in diverse segments such as sports, consumer electronics, fashion, food, among others. Sonae IM believes that InovRetail’s distinctive and innovative positioning, together with the quality of the management team, is key in turning...
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