Autonomo Revolutionizes Retail with £2M Funding Boost
March 17, 2024, 2:06 pm
Autonomo Technologies
Location: Germany, Hamburg
Employees: 11-50
Founded date: 2021
Total raised: $2.56M
Autonomo, a London-based startup, secures a £2 million funding round to expand its checkout-free software, transforming traditional stores into cashierless shopping experiences. Led by CEO James Sutherland, Autonomo's cutting-edge technology uses computer vision to eliminate the need for checkouts, allowing customers to simply tap their card or phone, grab their items, and walk out. With a team of 28 experts, Autonomo has already served over 20,000 customers across top European brands like Edeka, enhancing customer satisfaction and operational efficiency. The recent funding, led by Potter Ventures and River Capital, brings Autonomo's total raised funds to £3.8 million, positioning the company for further growth and innovation in the retail sector.