Zippin Announces $12 Million Series A Financing Round Led by Evolv Ventures, the Venture Fund Backed by Kraft Heinz
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Zippin cashierless checkout. (Photo: Business Wire)
Zippin uses a combination of computer vision, AI, and sensor fusion technology to offer consumers a completely checkout-free shopping experience. Launched in 2015, the company is powering four autonomous public stores and several private pilot stores globally. Zippin most recently made headlines for its newly operational autonomous concession stand in Golden 1 Center, home of the
The Series A round was led by
The Series A funding will help Zippin accelerate new store launches in the coming months, with plans to open new stores for grocery and convenience chains, sports facilities, airports and more. The Sacramento Kings’ venue also marks the launch of the ‘Zippin Cube’, a unique modular, pre-fabricated ‘store-in-a-box’ concept that allows retailers to launch a fully functional autonomous microstore (300 – 500 sq. ft) in less than three weeks from placing the order.
“When we launched the Zippin platform for retailers in 2018, we removed friction from the checkout process. With the Zippin Cube, we are aiming to remove friction from bringing that experience to retail stores,” said
For leading global CPG companies like
“We’re excited to join Zippin’s journey as these new formats become critical to the transition currently underway in retail,” said
This round brings the company’s total funding to
To learn more or launch a Zippin pilot, visit www.getzippin.com.