Trigo, developer of a frictionless checkout system, raised series B financing from investors including Tesco to push its overall funding to $94m.
Venture capital firm 83North led a $60m series B round for Israel-based smart checkout technology developer Trigo yesterday that included supermarket chain Tesco.
Existing backers including Vertex Ventures Israel, Hetz Ventures, Red Dot Capital Partners and Morrag Investments also participated in the round.
Formerly known as Trigo Vision, Trigo uses ceiling-mounted cameras and computer vision technology to retrofit retail stores so customers can simply pick up goods, carry them out of the store and pay for them automatically through digital…
