https://techcrunch.com/2022/02/09/scandit-snaps-up-150m-at-a-1b-valuation-for-its-computer-vision-based-data-capture-technology/

Consumers and businesses are forever demanding faster and easier ways to get things done, and today a startup that is building tech to make that a reality using AI and the camera on your mobile device is announcing a big round of growth funding. Scandit — which uses computer vision to scan barcodes, text, ID cards or any physical object to trigger automated responses, provide analytics and more — has raised $150 million, a Series D that values the Swiss startup values at over $1 billion.

Scandit has made a name for itself with technology that can work on smartphones — meaning customers do not need to invest in more clunky and narrowly functional customized devices to tap into computer vision magic — but it also has been working on other applications of its technology, including in autonomous data capture, an area where it will also be putting some of this investment.