
What makes sports technology investible?
How do you strike a balance between passionate people and solid business experience in a sports tech startup?
The global retail automation market is expected to reach USD $33 billion by 2030 – up from $4 billion in 2021. AI and automation are leading investments and growth in the retail tech sector, and research suggests that up to 70% of routine retail tasks could be automated by 2025; with the potential for retailers to reduce unit costs by as much as 20%.
Beyond AI and automation, retail media is a key growth area in retail and ad tech. And immersive technologies including augmented reality (AR) and virtual reality (VR) are seeing a surge in adoption by retail companies and consumers; while supply chain and logistics technology is a growing focus area for retail tech investors.
Growth areas are reflected in recent funding rounds in the sector – so we’re sharing three of those deals here.
3D Cloud (formerly Marxent) specialises in 3D digital asset management, providing product visualisation solutions for furniture, kitchen, bath, office, and outdoor retailers and manufacturers.
The company announced a $20 million growth capital investment, led by Arnie Bellini at Bellini Capital.
Beck Besecker (CEO and Co-Founder at 3D Cloud) said in an interview, "We're pleased once again to have the support of Arnie Bellini and Bellini Capital. Arnie's mentorship and counsel have been invaluable to our team.”
This latest injection of capital highlights the success of the firm, and the confidence both its leadership team and its investors have in its strategic future. High profile clients include Flexsteel, CITY Furniture, and Best Home Furnishings – and after a brand identity refresh, 3D Cloud is positioning itself at the forefront of digital transformation in retail.
Powered by AI, Ameba’s platform enables companies to manage their complex supply chains and unlock growth opportunities. The company has closed a $7.1 million seed round, led by global tech investment firm Hedosophia; and with reinvestment from early-stage investor Visionaries Club.
With an expert team of specialists in AI, quantitative analysis, deep tech, and supply chain technologies, Ameba uses AI on top of existing software to provide its clients with bespoke insights about their global supply chains, updated in real-time.
It automates the extraction of data across a range of languages from complex sources throughout the supply chain, including emails, Excel, PDFs, WhatsApp messages, and more; bringing it all together into a single platform. This consolidation of data and extrication of critical information enables brands to understand their supply chain health, predict disruptions, and make strategic decisions informed by accurate data.
A robotics and data intelligence company that specialises in inventory warehouse automation, Dexory was founded in 2015, and raised $19 million in Series A funding in 2023. The company has now announced an $80 million Series B funding round led by DTCP, with participation from Bootstrap Europe, Wave-X, Latitude Ventures, Atomico, and more.
Michael Rager (Partner at DTCP) has joined Dexory’s board of directors as part of this investment. The funding will enable the company to expand its AI features, as well as grow its global team and enable the deployment of autonomous robots with major retail customers.
At LEAP we welcome retail technology specialists from around the globe, along with focused retail tech investors looking to expand their portfolios. It’s the ideal place to grow your retail tech network, connect with potential partners, and take your business to the next level.
How do you strike a balance between passionate people and solid business experience in a sports tech startup?
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We’re chatting to influential people in the Saudi tech ecosystem. Recently we caught up with Yazeed from Ejari. Ejari is an online platform dedicated to making rentals more affordable and accessible in Saudi Arabia. Yazeed is a Saudi-born entrepreneur who was educated in Britain and began his career in
How do you strike a balance between passionate people and solid business experience in a sports tech startup?
We explore how artificial intelligence can make education more inclusive for students of all abilities and backgrounds – with collaborative, adaptive, and personalised learning.
We’re chatting to influential people in the Saudi tech ecosystem. Recently we caught up with Yazeed from Ejari. Ejari is an online platform dedicated to making rentals more affordable and accessible in Saudi Arabia. Yazeed is a Saudi-born entrepreneur who was educated in Britain and began his career in