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Amazon who? Trigo lands $60M with AI-powered frictionless shopping


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Amazon who? Trigo lands $60M with AI-powered frictionless shopping
The Israeli startup deploys a plug-and-play hardware-software combo to save you from waiting in line at the supermarket. Trigo CEO reports no fear from Amazon.
Oshry Alkeslasi
/
22 Dec 2020

3 min read
Since the outbreak of the Coronavirus, and the subsequent lockdowns, the supermarket has become more than just a place to get food, but has turned into somewhat of a refuge for the quarantined. It has become a place where the very few social gatherings, which we’re allowed these days, can take place. And mostly it has become something “fun” to do to relieve the boredom, because shopping for food is always a blast. ....

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Israeli checkout-less store innovator Trigo raises $60 million series B


Tel Aviv-based shopping automation startup Trigo Vision Ltd. announced on Monday that it has completed a $60 million series B financing round. The round was led by 83North with participation from previous backers including Vertex Ventures Israel, Hetz Ventures, Red Dot Capital Partners, Tesco, and Morrag Investments. The latest round brings the total funding of Trigo, which was founded in 2018 by brothers Michael and Daniel Gabay, to $94 million.
 “We currently employ 85 people and will grow to 140 or more by the end of 2021. Most of our recruits will be operating out of our research and development center in Israel, resulting in us being able to deploy our software in hundreds of stores,” Michael Gabay, who serves as the company’s CEO told Calcalist. ....

Welwyn Garden City , United Kingdom , City Of , Daniel Gabay , Michael Gabay , Yoram Snir , Guus Dekkers , Nir Ben Zvi , Trigo Vision Ltd , Trigo Team , Juniper Research , Tel Aviv Based , Trigo Vision , Vertex Ventures Israel , Hetz Ventures , Red Dot Capital Partners , Nir Ben , Western Europe , Tesco Express , Tesco Chief Technology Officer , வெல்வின் தோட்டம் நகரம் , ஒன்றுபட்டது கிஂக்டம் , நகரம் ஆஃப் , டேனியல் காபாய் , மைக்கேல் காபாய் , நீர் பென் ஸ்வை ,