Tiliter bags $7.5M for its ‘plug and play’ cashierless checkout tech
https://techcrunch.com/2020/10/20/tiliter-bags-7-5m-for-its-plug-and-play-cashierless-checkout-tech/
Tiliter, an Australian startup that’s using computer vision to power cashierless checkout tech that replaces the need for barcodes on products, has closed a $7.5 million Series A round of funding led by Investec Emerging Companies.
The 2017-founded company is using AI for retail product recognition — claiming advantages such as removing the need for retail staff to manually identify loose items that don’t have a barcode (e.g. fresh fruit or baked goods), as well as reductions in packaging waste.