Walmart's robotics partner just raised $17.5 million to fund more store automation


Get ready to see more robots cruising the aisles at stores.

Bossa Nova Robotics just raised $17.5 million to help it build out its line of inventory-scanning retail robots. The funding round comes fresh off of a deal the startup inked with Walmart last month that will put Bossa Nova’s automated store clerks in 50 of the big-box chain’s stores.

Investors behind the round include Intel Capital, WRV Capital, and Lucas Venture Group. The news brings Bossa Nova’s total funding to date to $41.7 million. 

The company says the money will go towards building out its engineering team to scale its robotics operation and grow its data service. Read more…

More about Robots, Retail, Walmart, Bossa Nova, and Business

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