Announced

Completed

SES-imagotag-backed Captana completed the acquisition of Belive.ai.

Synopsis

SES-imagotag-backed Captana, a computer software company, completed the acquisition of Belive.ai, a French company that specialize in artificial intelligence and computer vision for physical retail. Financial terms were not disclosed. “We are delighted to welcome Belive.ai’s staff members and the company’s founders, Aurélien and David, to Captana. Artificial intelligence and store shelf computer vision in real-time constitute a very promising technological base for improving the operating efficiency of retail and reduce in-store waste. As we develop across many markets, initial feedback from our customers indicates that significant improvements are being made in terms of on-shelf availability, sales, client satisfaction, employee efficiency, and the quality of data on in-store inventory in the information systems. With Belive.ai, we wish to accelerate the development of our artificial intelligence platform and computer vision for retail in order to drive our growth and offer the best technology to our clients,” Michael Unmussig, Captana CEO.

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