Entrée Capital provides multi-stage funding for innovative start-ups and companies all over the world.  Entrée Capital was founded by successful entrepreneurs with a track record of having successfully invested and exited over twenty businesses on five continents in the past decade. They have offices in London, Tel Aviv and San Francisco

Entrée Capital

Wellborn is seeking companies and game-changing ideas to invest in that will shake up the industry and brighten our technological future. By teaming up with innovative and passionate entrepreneurs Wellborn's mission is to facilitate the transformation of seed and early stage companies into category global leaders. Through collaboration, professional guidance and strategic support our team is dedicated to converting visionary ideas into mature successful brands in order to transform existing markets as well as enabling the creation of new ones. Wellborn is focused on investing in the sectors of: Information technology Software / Cloud / Big Data Cyber Security / Internet / Mobile  If you strive to be an industry leader and are seeking financial aid and company backing, contact us and let the revolution begin.

Wellborn Ventures

SeedIL Ventures is a seed stage investment fund focusing on Israeli related companies in any sector except medtech/biotech and heavy Hardware. After investment, SeedIL is committed to ensuring that portfolio companies reach their full potential by providing on-going coaching and connections through its extensive network, including the Limited partner's connections and intelligence.

SeedIL Ventures

Legziel Family

IBI Tech Fund is an Israeli fund investing in early-stage innovative startups.

IBI Tech Fund

Tal Ventures is an Israel-based Venture Capital group with deep ties to the Israel high-tech ecosystem. Tal actively pursues and supports start-up companies with experienced and aspirational leadership whose technologies can really make a difference. Tal invests horizontally across industries and vertically over various stages of development to maximize both stability and capital growth.

Tal Ventures

Qualcomm Ventures is the investment arm of Qualcomm Incorporated. Founded in 2000, Qualcomm Ventures is a corporate venture capital fund with over 150 active portfolio companies and more than 20 exits over a billion dollars, including 99 Taxis, Cruise Automation, Fitbit, Invensense, NQ Mobile, Waze, and more. As a global investor, Qualcomm Ventures helps connect entrepreneurs to the resources, relationships, and deep industry expertise they need to succeed in the mobile technology ecosystem.

Qualcomm Ventures

Vintage is a global venture firm that invests in venture funds and startups via primary and secondary transactions. Through its secondary strategy, the firm acquires limited partnership interests in Israeli, European, and select U.S. venture capital funds as well as holdings in technology startups. It also invests directly into growth-stage startups across all 3 geographies, alongside partner VC funds.

Vintage Investment Partners

Clal Insurance Enterprises Holdings  provides insurance and financial services in Israel.  The company’s Long-term Savings segment offers insurance covering various risks, such as life, death, disability, loss of work capacity, and health, as well as provides pension and provident funds. Its Health Insurance segment provides long term care, medical expense, surgeries, transplants, personal accidents, travel, dental, foreign workers, and other insurance services. The company’s Non-Life Insurance segment offers liability and property, credit, personal accident, and other insurance services. Its Other segment engages in the credit and financing activities; and insurance agency operations. The company primarily offers its products and services for individuals, policyholders, self-employed workers, and collectives. Clal Insurance Enterprises Holdings Ltd. was founded in 1987 and is based in Tel Aviv, Israel.

Clal Insurance Enterprises Holdings

Shufersal is a supermarket chain. Each week, the Company serves about 2 million customers, with more than 13,000 employees in its branches across Israel - from Kiryat Shmona to Eilat, its logistics centers and headquarters. Shufersal was established on January 1, 1956 by Ben-Zion Haim in Tel Aviv, Israel.

Shufersal

Shopic

Shopic provides a Frictionless Shopping experience for medium and large grocery stores.

Shopic is an Israel-based developer of smart cart solutions that aims to provide a frictionless shopping experience for medium and large grocery stores. Shopic offers Shop-E, an AI-powered clip-on device that can transform a regular shopping cart into a smart cart.&nbsp;

Providing a seamless consumer experience is one hope for bringing back brick and mortar retail, automated stores are being built to do just that.

Automated Stores

Shopic and Capgemini partner with Intermarché to test AI-powered smart cart solution.. Shopic.. product 

Capgemini

To pilot AI-powered smart carts that automate item detection, budget tracking, loyalty points display, and personalized promotions to streamline checkout and enhance the customer experience.

Companies providing shopping carts enhanced with cameras, sensors, and AI to enable automatic checkout

Intermarche

Microsoft

Shopic, a grocery smart cart provider, has formed a partnership with the Microsoft Experience Center EMEA in Munich to exhibit its innovative smart cart technology.

Shopic is an Israel-based developer of smart cart solutions that aims to provide a frictionless shopping experience for medium and large grocery stores. Shopic offers Shop-E, an AI-powered clip-on device that can transform a regular shopping cart into a smart cart.&nbsp;The Shop-E device can be picked up from its charger shelf unit and attached to a shopping cart with a single click. The device uses computer vision to identify products inserted or removed from the cart, displays the bill on the screen for products in the cart, and allows shoppers to settle their payments at the end of their store visit. The device also serves as a medium for personalized promotions, improving customer engagement. Shopic’s analytics engine also gathers live data on buyer behavior and generates insights such as buyer shopping habits, planogram compliance, and shelf stocking levels, helping optimize store management. According to initial deployment data by Shopic, the company’s smart cart solution increases the basket size of the shoppers by 10%.&nbsp;Key customers and partnershipsShopic’s technology is used by retailers in Europe, the US, and Israel. In December 2021, including Israel’s largest supermarket chain, Shufersal (December 2021); the American supermarket retailer, Wegmans (<a href="https://sp-edge.com/updates/16149">February 2023</a>), and the French retailer Intermarché (<a href="https://sp-edge.com/updates/35786">November 2024)</a>.In <a href="https://sp-edge.com/updates/18804">May 2023 </a>, the company partnered with Microsoft Experience Center for Europe, the Middle East, and Africa (EMEA) to display its smart cart technology at the Experience Center in Munich.

Zippin offers computer vision-powered grab-and-go checkout solutions for retailers. Zippin uses overhead cameras and shelf sensors along with computer vision algorithms to track items picked up by customers. The customers can use Zippin’s mobile app to enter the store, pick up their purchases, and exit the stores to complete the transaction. Zippin claims the combination of cameras and weight sensors provides a more accurate sensor fusion algorithm compared to a purely camera-based solution.Zippin does not use biometrics to identify consumers and only uses overhead cameras to map out customer movements. Zippin’s solutions are priced based on the square footage of the stores.The company also offers the Zippin Crew app, a mobile app that can be used to scan and locate inventory in-store. It provides retailers with inventory insights, such as planogram data, stock availability data, and out-of-stock alerts. Zippin Retailer Dashboard is a store analytics solution that provides insights on real-time shopping activity, planogram compliance, out-of-stocks, and shopper behavior.In 2022, the company launched Zippin Lane, a checkout-free solution suitable for high-traffic locations like sport arenas, airports, train stations, and busy college campuses. Zippin lanes are designed to fit into long and narrow areas with store sizes starting at 240 sq ft. As of September 2022, the Zippin had deployed over 20 Zippin lanes, including nine locations at NFL venues.Key customers and partnershipsAs of February 2023, Zippin had deployed its technology at 90 store locations (after opening its first demo store in 2019). Zippin’s technology powers supermarkets and convenience stores such as Lojas Americanas (August 2019) in Brazil and Azbuka Vkusa (May 2020) in Russia. As of September 2023 Zippin had 71 checkout free stores at sports venues and stadiums in the US including 1) Golden 1 Center arena (September 2019), 2) Mile High Stadium in Denver (November 2020), 3) Barclays Center (in partnership with American Express; June 2021), 4) Houston's NRG Stadium (in partnership with Aramark; March 2022); and 5) Gainbridge Fieldhouse (October 2022). In 2023, Zippin opened checkout-free stores at multiple NFL stadiums. Zippin also opened a checkout-free store in partnership with the Dallas-based restaurant and entertainment business, Dave &amp; Buster’s (July 2022). In December 2021, the company announced the launch of its first airport store in partnership with JFKIAT, the operator of Terminal 4 at John F. Kennedy International Airport (JFK), and SSP America, an airport foodservice operator. In May 2024, Zippin partnered with the food service company <a href="https://sp-edge.com/updates/29719">Aramark</a> to introduce a frictionless and cashierless store at a theme park in the UK.The Japan-based systems integrator Fujitsu serves as Zippin’s exclusive distributor in Japan (December 2020). Under the partnership, Fujitsu has the authority to deploy Zippin’s technology integrated with Fujitsu’s biometric authentication technology. The two companies initially piloted an automated store at a Lawson convenience store chain in Japan (February 2020). In November 2022, the companies extended the partnership to support UK and Europe deployments.Funding and financialsIn September 2021, Zippin raised USD 30 million in a Series B funding round, to invest in its expansion plan and accelerate innovation specifically with regards to deployment and maintenance.

Zippin

<div>
 
 A vision technology company, AWM (Adroit Worldwide Media) Smart Shelf offers an array of retail solutions. The company&rsquo;s main cashierless checkout solution is called AWM Frictionless, a collaborative solution offered in partnership with Microsoft Azure, and uses several of AWM&rsquo;s product offerings to create an enhanced shopping experience.&nbsp;
 
 
 As shoppers arrive, they launch their mobile app to check in, where the AWM Frictionless platform notes their presence. As shoppers move, cameras track them, and their identity is further validated by facial-matching software. Product selection is then tracked through AWM&rsquo;s Automated Inventory Intelligence solution, which uses a series of super-wide-angle low-light HD cameras and AWM&rsquo;s LED Fascia technology (a type of automated shelving technology). Machine learning tracks shopper purchases and makes shopping list recommendations during subsequent visits. Once shopping is done, shoppers simply exit the store and are automatically charged in their online accounts.&nbsp;
 
 
 Key customers and partnerships
 
 
 The company&rsquo;s partnerships go beyond the retail sector. In January 2020, AWM partnered with OptiCrib to offer friction-free inventory management in the industrial and commercial supply space. Meanwhile, AWM&rsquo;s retail partnerships include Albertsons, Aramark, Coop, Diageo, The Home Depot, Greenpicks Market, and 
 <a href="https://sp-edge.com/updates/25770">
 Choice Markets
 </a>
 .
 
</div>

AWM Smart Shelf

AiFi offers a grab-and-go checkout solution powered by computer vision and AI. Its solution enables a customer to enter a store using a mobile app, pick up the items required, and exit the store to complete the purchase. The solution also generates statistics and insights on customer behavior. The company claims that its technology can track up to 500 customers while also tracking tens of thousands of items in a store. It also claims a 99% accuracy rate and can be used within a space of up to 10,000 square feet, without using facial recognition technology or storing biometric data.AiFi’s flagship platform, “Orchestrated Autonomous Store Infrastructure &amp; Services (OASIS)” is designed for stores ranging from 200 square feet to 10,000 square feet and allows users to select between a fully autonomous shopping experience or a hybrid model. The stores will have a turnstile, a kiosk or door locks at the entrance, which the customer can interact with to gain access to the store. It also can be integrated with existing payments, inventory management, and electronic shelf labeling systems. The stores operate on a subscription-based model, and the company guarantees 12 months to achieve a return on investment (ROI).AiFi leverages the OASIS platform to offer retail clients the option of deploying an AiFi NanoStore, a custom-designed, fully-automated, container-sized, unmanned, checkout-free store format that can be operated 24/7. The NanoStores come in sizes of 160, 300 and 370 square feet specifications. Company claims that its technology can save around USD 20 per hour of operation.Key customers and partnershipsAs of February 2023, AiFi’s technology was deployed at over 100 stores globally. In January 2022, AiFi launched its largest store, a 6,000 sq ft Aldi location in London. AiFi’s key partnerships include Carrefour (November 2018) in the UAE, Zabka (February 2019), Wundermart (February 2021), PostNL (May 2021), Morrisons (July 2021), Aldi (January 2022), Compass Group (December 2021), Kende Gastro (January 2022) in Europe, Loop Neighborhood (January 2020), Choice Market (April 2021), Verizon (May 2021) , Acrisure Arena ( <a href="https://sp-edge.com/updates/29120">May 2024 </a>), and Chicago White Sox (<a href="https://sp-edge.com/updates/33472">September 2024</a>) in the US, and AiGo (December 2020) in China.AiFi also has a partnership with Microsoft (January 2023) to launch a cloud-based analytics service for cashier-less stores. In <a href="https://sp-edge.com/updates/9389">March 2022 </a>AiFi partnered with Sodexo, the French campus food service operator, to bring autonomous grocery stores to campuses across the US.Funding and financialsBy 2022, AiFi reportedly had revenue growth of 5–6x YoY. In March 2022, AiFi raised USD 65 million in a Series B funding round led by Canada-based investment management firm Khaira CapitalAiFi. It planned to leverage the new funding to scale partnerships, strengthen its deployment team for faster store rollouts, and invest in product development and feature enhancement.

AiFi

<div>
 
 Eflyn is an Ontario-based developer of interactive digital displays, self-checkout kiosks, and vending machine solutions with operations in Canada and the US. Eflyn&rsquo;s self-checkout kiosk range includes solutions designed for the retail industry, as well as restaurant self-ordering and donation and fundraising kiosks for places of worship and non-profit organizations.&nbsp;
 
 
 Eflyn&rsquo;s self-checkout kiosks and stations for retailers enable customers to scan items using a built-in scanner and complete the purchase process using the interactive screen and an attached debit/credit card machine. Eflyn also offers shopify integrations to its kiosk solutions, enabling retailers to integrate their ecommerce operations with retail. The customers can use an Eflyn kiosk with a shopify integration to browse products in the retailer&rsquo;s ecommerce store, check in-store availability, and place an online order in the event an item is not available in store.
 
 
 Key customers and partnerships
 
 
 In November 2020, Eflyn Shopify Kiosks were made available to all the company&rsquo;s customers after a trial period with select retailers. Since then, Eflyn served customers across various industries, including retail, education, and foodservice, including customers such as Pet Collar Emporium, Lowe's, Toys&ldquo;R&rdquo;Us Canada, and Ryerson University.&nbsp;
 
</div>

Eflyn

<div>
 
 MishiPay is a London-based startup that offers a self-checkout system powered by Radio Frequency ID (RFID) and cloud computing. MishiPay provides an app that allows shoppers to scan the barcodes of products and carry out payments using their mobile devices. The company also provides a progressive web apps (PWA) solution to allow customers to use their self-checkout solution without the need to install and launch an Android app. The company claims the PWA increases transactions by 10 times and has a higher user adoption rate than platform-specific apps.
 
 
 As of April 2024, MishiPay also provides a range of barcode scanner-based self-checkout kiosk solutions, which include a mounted 10-, 15-, or 22-inch tablet that can be integrated with existing point-of-sales solutions in the store.
 
 
 Key customers and partnerships
 
 
 As of March 2024, MishiPay&rsquo;s solutions were used by 30 brands across 14 countries in North America, Europe, and the Middle East. In August 2016, MishiPay partnered with Cisco UK and had its first commercial deployment at Deloitte&rsquo;s &ldquo;Store of the Future&rdquo; in London. Mishipay&rsquo;s other retail deployment partnerships include Dufry (2017), Leroy Merlin (2017), Saturn (2018), Mango (2018), Decathlon (2019), MUJI (2020), SPAR (2020), Londis (2020), Flying Tiger Copenhagen (2021), Virgin Megastore (2022), and Grandiose super markets (2023).&nbsp;
 
 
 In March 2021, the company also deployed its technology in US airports in collaboration with Paradies Lagard&egrave;re, a North America-based airport retailer and restaurateur. As of 2022, MishiPay had deployments at 30 airports across North America.
 
</div>

MishiPay

Companies providing smart shelves (hardware and software systems, including vision-based systems) and stock tagging systems (including radio frequency identification [RFID]) to track items inside a store

Includes self-checkout kiosks (typically cameras and weight sensors) and mobile app-based scanning solutions (commonly leveraging barcodes and QR codes) that enable users to carry out the checkout process themselves

Companies providing hardware and software solutions (including cameras, sensors, and AI computer vision solutions for stores) to enable customers to completely avoid the checkout process (allowing them to enter a store, pick up an item, and exit the store)

Solutions in the industry are often powered by AI, and ML

Solutions in the industry are often powered by IoT, cloud computing, AI, and ML

Companies in “automated checkout” often use IoT

ANALYST_QUICK_TAKE

INCUMBENTS_PRESENT

PROMINENT_CATEGORY

<div>
 Shopic, an Israel-based smart cart solutions provider, is piloting smart carts at a French store in Provins, in collaboration with digital consultancy Capgemini and retailer Intermarché. 
 The partnership will introduce AI-powered clip-on devices for shopping carts that can detect items automatically, display loyalty points, track budgets in real time, and show promotions. The goal is to simplify the checkout process for consumers. Future plans include the integration of retail media features for personalized advertising, including supplier offers and advertisements throughout the shopping experience.
</div> Analyst QuickTake: 
 Intermarché is the latest French retailer to add smart carts to its stores. French retailers <a href="https: 
//sp-edge.com/updates/23218"> Monoprix </a> , <a href="https: 
//sp-edge.com/updates/32364"> Franprix </a> , and <a href="https: 
//sp-edge.com/updates/23105"> Carrefour </a> in partnership with Israeli technology solutions provider A2Z Smart Technologies have also launched smart carts at their stores in recent years (since 2022).

Shopic

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