Retail tech start-up Nomitri raises €2.5m

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Retail tech start-up Nomitri raises €2.5m

By Will McCurdy

07/03/2022

Berlin-based retail technology start-up Nomitri has raised €2.5 million in its latest funding round.

Launched in 2021, the company provides a mobile-based self-checkout solution, which it said uses AI to help companies prevent fraud and gather insights on customer behaviour.

The round was led by food technology focused venture capital firm FoodLabs.

The start-up said its customers include German supermarket chain LÜNING and that it will use the capital to expand its commercial network and strengthen its engineering team.

“Securing this new funding is proof that the world is noticing us,” said co-founder and chief executive at Nomitri Trinh Le Fiedler. “We are happy to have the great FoodLabs team backing us on our mission to build products that make a difference to our customers and solve real problems in the retail space with our embedded AI solutions.”

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