What does Veesion do?
Veesion develops AI tools designed to detect suspicious behavior in physical stores, helping to prevent shoplifting and enhance overall retail security.
How much did they raise?
The company raised a total of €53M, including €38M in Series B funding and €15M in non-dilutive funding. Lead investors include White Star Capital, Red River West, Bpifrance, Odyssée Ventures, Verve Ventures, and Founders Future.
What are their plans for the money?
Veesion plans to use the funds to support its international expansion and to adapt its technology for new environments and use cases, potentially increasing the reach and impact of its AI solutions in retail security.
What have they achieved so far?
The startup's technology is already making a mark, with over 5,000 stores in 25 countries using its tools, ranging from independent shops to large supermarket chains.