Trigo, an Israeli-based computer vision company, has raised $100 million to continue deploying autonomous urban markets across Europe and the U.S. and improve its store and inventory management software. In the U.S., Wakefern Food Corp. leverages Trigo's solutions.
Trigo operates by transforming existing supermarkets into autonomous stores where feeds from ceiling-mounted cameras and shelf sensors are analyzed to generate a “digital twin” of the store. Computer vision algorithms log interactions between humans and merchandise. The result is that shoppers can walk into stores, select their items off the shelves, and leave without having to line up at checkout or scan any goods.
“By opening multiple autonomous stores with five of the world’s leading grocery retailers, we have proven that we can deploy computer vision and AI to empower physical stores with the same kinds of insights and capabilities that e-commerce stores have,” said Michael Gabay, Trigo CEO, in a statement. “This investment allows Trigo to build on this success and focus on three core initiatives: expanding our autonomous retail platform, building increasingly larger stores, and executing a pipeline of contracted stores around the world.”
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