New Enterprise Associates led a $62.5m Series B round in Mashgin.

New Enterprise Associates, an investment company, led a $62.5m Series B round in Mashgin, a touchless self-checkout system developer, with participation from Robinhood, Cloudflare, Patreon and Uniphore. "The global pandemic accelerated the adoption of touchless technologies, but consumer behavior has turned them into the baseline expectation. Our mission is to leverage artificial intelligence to create real world benefits for people. By making time-draining tasks fast and seamless, we enable consumers to get back to what really matters, while freeing up businesses to truly innovate on the customer experience to build lasting loyalty," Mukul Dhankar, Mashgin Chief Technology Officer and Co-Founder.