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Announced

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UB Ventures, Global Brain and Seiko Epson led a Series B round in Cloudpick.

Synopsis

UB Ventures, a Tokyo-based venture capital firm, Global Brain, a venture capital firm, and Seiko Epson, a Japanese multinational electronics company, led a Series B round in Cloudpick, a provider of AI-empowered frictionless payment solutions. Financial terms were not disclosed. "Although physical retail stores are still mainly operated by humans, we still firmly believe that it has become an irreversible trend to use AI and other digital technologies to empower offline physical businesses," Jeff Feng, Cloudpick Founder and CEO.

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