GV was among the investors that provided $35m for the company in an October 2018 round that took its total funding to $45m, it revealed this week.

Stockwell, the US-based unmanned retail technology developer formerly known as Bodega, raised $35m in October 2018 from investors including GV, a subsidiary of internet technology group Alphabet, TechCrunch reported on Wednesday.

Venture capital firm New Enterprise Associates also participated in the round, which increased the company’s overall funding to $45m, it confirmed. The transaction valued it at more than $100m according to TechCrunch.

Founded in 2016, Stockwell provides mini stores that are stocked with staple products such as food, beverages…

Robert Lavine

Robert Lavine is special features editor for Global Venturing.