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Singapore-based retail analytics company Trax raises $640M Series E led by SoftBank Vision Fund 2 and BlackRock

TechCrunch

COVID-19 forced many retailers and brands to adopt new technologies. Retail analytics unicorn Trax expects that this openness to tech innovation will continue even after the pandemic. Retail Watch currently focuses on center shelves, where packaged goods are usually stocked, but will expand into categories like fresh food and produce.

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Emperia is helping brands like Bloomingdales build shopping experiences in VR

TechCrunch

But not everyone agrees — particularly those who hope to build a business out of VR retail. Enter Emperia , an “immersive” retail startup that — to its credit — has already created virtual stores for brands including Bloomingdales, Dior, Ralph Lauren and Lacoste.

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Sneaker fit startup Neatsy.ai gets $1M seed after B2B pivot

TechCrunch

startup, which was founded back in March 2019 by Artem Semyanov (the former head of the machine learning team at Prism Labs ), is now fully focused on selling its fit-tech to e-tailers via an SDK. Neatsy wants to reduce sneaker returns with 3D foot scans. Returning to retail use cases, Semyanov says Neatsy.ai

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Datagen raises $50 million Series B to empower computer vision teams

TechCrunch

With offices in Tel Aviv and New York, Datagen “is creating a complete CV stack that will propel advancements in AI by simulating real world environments to rapidly train machine learning models at a fraction of the cost,” Vitus said. ” Investors that had backed Datagen’s $18.5

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3 technology trends set to revolutionize retail

CIO

Few verticals have undergone as massive a change as retail in the last couple of years. Driven by cutthroat competition and significant shifts in customer expectations, retail companies are striving to align themselves with the changing landscape, with IT playing a crucial role in their ability to achieve this.

Retail 113
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LG announces the first 50 participants in its LG Nova program

TechCrunch

Bigthinx – AI technology focused on fashion retail, wellness and the metaverse with products for body scanning, digital avatars and virtual fashion. ByondXR – Provides retail 3D virtual experiences that are fast, scalable and in line with the latest metaverse technologies. The Metaverse.

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10 Key Trends of Digital Transformation in Healthcare in 2022

OTS Solutions

At the heart of this shift are AI (Artificial Intelligence), ML (Machine Learning), IoT, and other cloud-based technologies. The intelligence generated via Machine Learning. In addition, pharmaceutical businesses can generate more effective drugs and improve medical research and experimentation using machine learning.