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Including Drovo, Darwinium and Node: Seven retail technology funding rounds you need to know about — Retail Technology Innovation Hub

Oct 26, 2023 - retailtechinnovationhub.com
The article highlights seven retail systems ventures that have recently secured significant investments. Creative Force, a creative operations workflow platform, raised $8.9 million in Series A funding from EIFO and Hearst Ventures, bringing its total funding to $17.9 million. Digital security platform Darwinium secured $18 million in Series A financing led by U.S. Venture Partners, bringing its total investment to $26 million. QuoteMachine closed $3.7 million in seed funding led by Manresa Ventures, bringing its total funding to $4.6 million.

UK-based startup Drovo raised £3 million for its transit media advertising technology. Node launched its online shopping platform with a $2.75 million seed investment led by Neotribe Ventures. Jellibeans, a fashion intelligence and analytics startup, raised $1 million from Aussco for its AI-enabled fashion design platform. Lastly, Threedium, a specialist in 3D/AR high fidelity assets for e-commerce, closed a Series A funding round with an $11 million investment.

Key takeaways:

  • Creative Force, a creative operations workflow platform, has raised $8.9 million in Series A funding, bringing its total funding to $17.9 million.
  • Darwinium, a digital security and fraud prevention platform, secured $18 million in Series A financing, bringing its total investment to $26 million.
  • QuoteMachine, a retail software platform, has closed $3.7 million in seed funding, raising a total of $4.6 million to date.
  • Threedium, a specialist in 3D/AR high fidelity assets for e-commerce, has closed a Series A funding with an $11 million investment.
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