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Nvidia offers retail loss prevention software to accelerate accelerator chip sales

CIO

GPU manufacturer Nvidia is expanding its enterprise software offering with three new AI workflows for retailers it hopes will also drive sales of its hardware accelerators. Nvidia isn’t packaging these workflows as off-the-shelf applications, however. The workflows are built on Nvidia’s existing AI technology platform.

Retail 189
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Ellen DeGeneres, Portia de Rossi, Shaun White, Shawn Mendes get behind Shelf Engine

TechCrunch

Shelf Engine ’s mission to eliminate food waste in grocery retailers now has some additional celebrity backers. The company has already helped retailers divert 1 million pounds of food waste from landfills, Stefan Kalb, co-founder and CEO of Shelf Engine, told TechCrunch. This includes a $12 million Series A from 2020.

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How to evolve your DTC startup’s data strategy and identify critical metrics

TechCrunch

If you’re the founder of an e-commerce startup, there’s a pretty good chance you’re using a platform like Shopify, BigCommerce or WooCommerce, and one of the dozens of analytics extensions like RetentionX, Sensai metrics or ProfitWell that provide off-the-shelf reporting. Don’t rely on them after you’ve outgrown them.

Metrics 245
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Martie launches with $3M to divert shelf-stable food items from landfills

TechCrunch

And today, Martie officially enters the market with its approach to stop from going into landfills food that is thrown away due to package changes, being a seasonal product or reaching its expiration date before purchase. The pair met two years ago. If you don’t have a sustainable approach you shouldn’t do it,” Fritjofsson told TechCrunch. “We

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Gather AI secures new cash to scan inventory in warehouses using drones

TechCrunch

The proceeds bring the company’s total raised to $17 million, which CEO Sankalp Arora says is being put toward expanding Gather’s deployment capacity and go-to-market plans as well as hiring new machine learning engineers. ” Gather isn’t the first to market with a drone-based inventory monitoring system.

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Hivery bags new money to automatically optimize product placement on store shelves

TechCrunch

Hivery , a startup that bills itself as an “optimization platform” for retailers, today announced that it raised $30 million in a Series B round led by Tiger Global, the embattled private equity firm, with participation from Blackbird Ventures, AS1 Growth Partners and OneVentures. We call it ‘hyper-local retailing.'”

Retail 197
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VanMoof raises $128 million to become the world’s leading e-bike brand

TechCrunch

The company designs and sells electric bikes that are quite popular in some markets. Instead of relying exclusively on off-the-shelf parts, the company works with a small set of suppliers to manufacture custom components. Amsterdam-based startup VanMoof has raised a $128 million Series C funding round.