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Simbe’s inventory robots score $28 million in funding



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Inventory robots are having a moment. Two days back, Swiss firm Verity announced an $11 million raise. That followed a $20 million round from fellow drone inventory startup B Garage, which, in turn, arrived two days after Gather AI announced it had acquired competitor Ware. That same day, Dexory announced $19 million for its back-of-house shelf-scanning robot.
Doing inventory sucks. A lot. Aside from dealing with the occasional irate customer, it was always my most dreaded aspect of working retail gigs. Seeing as how it effectively amounts to collecting and managing data at scale, it’s a pretty prime candidate for automation.
Simbe Robotics this week announced that it has also received fresh funding. The $28 million Series B led by Eclipse follows a $26 million Series A in late 2019 and brings its total funding to $54 million. It follows March’s news that BJ’s Wholesale Club is rolling out Simbe’s Tally robotics to all of its locations.
Simbe differs from the above-mentioned firms in its focus on front-of-store operations. Tally is designed to keep an eye on shelves, monitoring …

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