Fundz

Pixevia raised €1.5M in funding led by Iron Wolf Capital to boost expansion of AI-powered stores in US and Europe.

PRIVATEMay 20, 2024

Amount Raised

€1.5 Million

Round Type

Seed

VilniusArtificial IntelligenceE CommerceRetailMachine LearningRetail Technology

Investors

Renaldas ZiomaVladas LašasOpen Circle CapitalRita SakusOmni Commerce VenturesCoinvest CapitalIron Wolf Capital

Description

Pixevia announced today that it raised €1.5 million in new funding. The funds will be directed towards planned expansions throughout the U.S. and Europe, especially within the DACH region. Lead image: Pixevia.

Quick answer

PIXEVIA raised €1.5 Million in a Seed round, dated May 20, 2024. Investors: Renaldas Zioma, Vladas Lašas, Open Circle Capital, Rita Sakus, Omni Commerce Ventures, Coinvest Capital and Iron Wolf Capital. PIXEVIA is based in Vilnius, Vilnius County, Lithuania.

How much did PIXEVIA raise?
PIXEVIA raised €1.5 Million in a Seed round on May 20, 2024.
Who invested in PIXEVIA?
Renaldas Zioma, Vladas Lašas, Open Circle Capital, Rita Sakus, Omni Commerce Ventures, Coinvest Capital and Iron Wolf Capital are named as investors in this round.
What does PIXEVIA do?
PIXEVIA is AI platform for retail, which eliminates tills, provides best customer experience for store clients, and optimises operations for store managers.
Where is PIXEVIA based and how big is it?
PIXEVIA is based in Vilnius, Vilnius County, Lithuania.
Who are the decision-makers at PIXEVIA?
Fundz holds 1 contact at PIXEVIA. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in E Commerce and Retail around the same time

Companies in the same sectors as PIXEVIA that raised within 45 days of this round, from Fundz verified event records.

  • Vortex IQ raised $1M (Seed) on July 2, 2024.
  • Daydream raised $50M (Seed) on June 20, 2024.
  • Constructor raised $25M (Series B) on June 17, 2024.
  • SaleSqueze raised $1.5M (Seed) on June 12, 2024.
  • qeen.ai raised $2.2M (Pre-Seed) on June 5, 2024.
  • Neople raised $6.5M (Seed) on June 4, 2024.

Who to call at PIXEVIA, and when

A new round usually means PIXEVIA is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

PIXEVIA

Location

Vilnius, Vilnius County, Lithuania

About

PIXEVIA is AI platform for retail, which eliminates tills, provides best customer experience for store clients, and optimises operations for store managers. All is done by combining information from different security cameras. With 90-95% of grocery transactions taking place in physical stores, it is a game changer in a 12 trillion dollar grocery retail market. Our proprietary computer vision technology brings the physical retail spaces into the digital age of seamless checkouts, real time 3D operating platform for store managers and a completely new standard of consumer data for brands. We were the first to launch an AI-driven store in Europe and now deploying stores with top European retailers.

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Fundz sees it the moment PIXEVIA raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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PIXEVIA raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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