Tag: retail

Cashback and rebate startup Ibotta secures funding at a $1 billion valuation

Ibotta, a startup whose platform doles out rewards for in-store and online purchases, today announced a series D funding round led by Koch Industries subsidiary Koch Disruptive Technologies, at a $1 billion valuation. The size of the raise wasn’t disclosed, but it comes after three previous rounds totaling roughly $85 million. CEO Bryan Leach said […]

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Gatik begins using robot vans to haul goods between Walmarts in Arkansas

Retail giant Walmart today revealed that it’s launched a pilot with Gatik, a two-year-old startup developing an autonomous vehicle stack for B2B short-haul logistics, to ferry customer orders between select store locations in Bentonville, Arkansas. The announcement comes months after the Arkansas legislature approved a Walmart-backed proposal allowing companies to test self-driving vehicles on public […]

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CommonSense Robotics announces ‘world’s first’ underground micro-fulfillment center

Israel-based CommonSense Robotics, a micro-fulfillment startup that last October launched its first autonomous sorting center in downtown Tel Aviv, today announced that it’s broken ground on what it claims is the world’s first underground automated warehouse, in partnership with one of Israel’s largest grocery chains. It’ll be located blocks from Rothschild Boulevard, in a parking structure beneath […]

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