AiFi Raises Funding Led by Qualcomm Ventures

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Summary

AiFi Inc., a Santa Clara, Calif.-based technology company creating advanced autonomous store technologies, raised an additional funding from Qualcomm Ventures. The new investments bring the total funding raised to date to $30m. Led by Steve Gu, Co-founder, and CEO, AiFi provides a solution that delivers a checkout-free experience with instantaneous receipts, and provides a variety of customizations and operational tools to enable retailers to build and operate autonomous stores. With its Autonomous Store Platform OASIS, the company is creating shopping experiences with some of the most influential retail partners in the world including Carrefour, Albert Heijn, and Żabka. A range of stores in California and Texas are expected to open by the end of the year.

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