Dunnhumby, a UK-based retail analytics company, which is a subsidiary of UK-based supermarket Tesco, has launched Dunnhumby Ventures, a seed-stage investment fund focusing on retail technology.
Dave Balter, global head of investments at Dunnhumby, said: “We are looking for retail’s game changers.”
Dunnhumby Ventures, which will be based in Boston, USA, plans to invest $100,000 to $500,000 in approximately 10 companies a year, over the next three years.
The fund already has a portfolio of three US-based startups: Coherent Path,…
