RTIH rounds up the retail technology ventures who have been making waves with major investments.

1. Chiper

Chiper, an e-commerce platform pitched at the Latin American corner store market, has announced a $12 million Series A round featuring WIND Ventures, Monashees and Kaszek Ventures. 

The Colombia-based startup previously raised $13 million from family and friends, giving it $25 million in total fundraising since its inception in 2018.

2. AiFi

US-based autonomous store technology venture, AiFi, has bagged additional funding from Qualcomm Ventures, existing investors Cervin Ventures and TransLink Capital, and newbie Plum Alley. This brings its total funding amount to $30 million. 

3. ShopUp

ShopUp, a Bangladesh-based B2B commerce platform for small businesses, has landed $22.5 million in a Series A round co-led by Sequoia Capital India and Flourish Ventures. 

4. Tiliter

Australian cashierless AI shopping technology venture Tiliter has completed a $7.5 million capital raise, led by Investec Emerging Companies (IEC).

Karen Chan, Head of Investec's Emerging Companies division, says: "We are excited to be working with the Tiliter team and believe this technology solves a very real need for both consumers and retailers in the Australian market and abroad.”

5. SilverFlow

Silverflow, an online card payments platform founded by Adyen alums, has announced a €2.6 million seed funding round, led by Crane Venture Partners.

6. Depict.ai

Depict.ai, a Swedish AI startup that helps e-commerce sites compete with Amazon by making more efficient use of their data, has announced a fund raise of $2.8 million involving the likes of Initialized, EQT and Northzone.

“We are bringing Amazon quality product recommendations to every single e-commerce store globally. Making sure there's equal opportunity against the anti-competitive behaviours Amazon imposes,” Founder and CEO, Oliver Edholm, said in a LinkedIn post.

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