Announced
Completed
Financials
Tags
Single Bidder
Private
Private Equity
shelf-scanning retail
business intelligence
Facilities Technology
United States
Acquisition
Completed
Friendly
Minority
Venture Capital
Domestic
Synopsis
Eclipse Ventures, a venture capital firm operating in the United States, led a $28m Series B funding round in Simbe Robotics, a company leveraging AI and robotics to elevate the performance of retailers with real-time insights into inventory and operations. “We're honored to be supported by an investor like Eclipse, with a team that recognizes technology's incredible potential to significantly enhance retail operations, as well as greatly improve the customer experience. Elevating the retail experience for everyone — retailers, their associates, and customers — through AI and robotics is the foundation of Simbe’s mission, and this funding will enable us to share this vision and reimagined experience with more retail partners around the world,” Brad Bogolea, Simbe Robotics CEO and Co-Founder.
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