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    altM raises $10.3 million in a Series A round led by Rainmatter by Zerodha and Mela Ventures, with Omnivore, Theia Ventures, Aureolis Ventures, Spectrum Impact and strategic angel investors participating. Venomics AI raises $2.7 million in a pre-seed round co-led by Speciale Invest and South Park Commons, with Operators Studio participating. EloElo Group raises $80 million in a Series C round led by Hornbill Capital and NBCUniversal, with MIT Investment Co. and existing investors participating. Peppermint Robotics raises ₹100 crore (approximately $10.5 million) in a Pre-Series B round led by pi Ventures and Crane Venture Partners, with Asiana Fund participating. Traversal raises $120 million in a Series B round at a $1 billion valuation, led by Kleiner Perkins, Redpoint and Khosla Ventures, with Sequoia Capital, Battery Ventures and Amex Ventures participating. GIVA raises over $100 million in a round led by Multiples Alternate Asset Management. The Croffle Guys raises ₹14 crore in a round led by V3 Ventures, with N.A.N Partners participating. Solgram raises over $1 million in a pre-seed round led by DSG Consumer Partners and Saama Capital, with Kapil Chopra participating. Sachin Tendulkar makes a strategic investment in Metasports Interactive, the company behind Hitwicket. The amount was not disclosed. Hyeglo Beauty raises ₹7 crore in a round led by Sauce, with Giga Capital, Consumer Collective, Reckitt's Arjun Purkayastha and The Patient Capital participating. altM raises $10.3 million in a Series A round led by Rainmatter by Zerodha and Mela Ventures, with Omnivore, Theia Ventures, Aureolis Ventures, Spectrum Impact and strategic angel investors participating. Venomics AI raises $2.7 million in a pre-seed round co-led by Speciale Invest and South Park Commons, with Operators Studio participating. EloElo Group raises $80 million in a Series C round led by Hornbill Capital and NBCUniversal, with MIT Investment Co. and existing investors participating. Peppermint Robotics raises ₹100 crore (approximately $10.5 million) in a Pre-Series B round led by pi Ventures and Crane Venture Partners, with Asiana Fund participating. Traversal raises $120 million in a Series B round at a $1 billion valuation, led by Kleiner Perkins, Redpoint and Khosla Ventures, with Sequoia Capital, Battery Ventures and Amex Ventures participating. GIVA raises over $100 million in a round led by Multiples Alternate Asset Management. The Croffle Guys raises ₹14 crore in a round led by V3 Ventures, with N.A.N Partners participating. Solgram raises over $1 million in a pre-seed round led by DSG Consumer Partners and Saama Capital, with Kapil Chopra participating. Sachin Tendulkar makes a strategic investment in Metasports Interactive, the company behind Hitwicket. The amount was not disclosed. Hyeglo Beauty raises ₹7 crore in a round led by Sauce, with Giga Capital, Consumer Collective, Reckitt's Arjun Purkayastha and The Patient Capital participating.

    • Just In

    Retail Technology Startup Xpand Raises USD 6M to Launch AI-Powered Stores Worldwide

    Spotlight Posted on  —by Salil Urunkar

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    Retail technology startup Xpand

    Tel Aviv: Retail technology startup Xpand has announced a $6 million funding round led by Ibex Investors and Emerge, with active participation from its Chairman and CEO, Joel Bar-El, and the executive leadership team.

    The capital injection will power Xpand’s first commercial launch — a fully autonomous, AI-driven store opening in Vienna — and accelerate the company’s mission to deliver frictionless retail experiences worldwide.

    Also Read: UNIQLO and BIMTECH Partner to Develop Future Talent in Retail Management

    Founded in 2021 as 1MRobotics and rebranded to Xpand, the company develops modular, plug-and-play “store-in-a-box” units that integrate robotics, advanced computer vision, and real-time inventory tracking.

    Designed to operate 24/7 without staff, these autonomous retail systems enable rapid store deployment and provide shoppers with a seamless, personalized experience.

    Xpand

    “The Vienna launch is the first step in a global rollout,” said Joel Bar-El, CEO of retail technology startup Xpand. “With this investment, we are transitioning from vision to execution — delivering scalable, autonomous retail infrastructure at a worldwide level.”

    Also Read: Pepe Jeans London Appoints Rakesh Jallipally as India CEO

    Retail technology startup Xpand at Forefront of Autonomous Commerce

    The new funding will support store expansions across Europe and North America while bolstering Xpand’s sales, marketing, and technology teams.

    The leadership group combines deep expertise in retail, logistics, and enterprise tech, with Bar-El having previously co-founded Trax Retail, a global AI retail unicorn. Other executives bring experience from SAP, Retalix, Bringg, and Magic Leap.

    Retail technology startup Xpand is positioning itself at the forefront of the autonomous commerce revolution, aiming to partner with global retailers to redefine convenience and grocery shopping.

    Author

    • Salil Urunkar

      Salil Urunkar is a senior journalist and the editorial mind behind Sahyadri Startups. With years of experience covering Pune’s entrepreneurial rise, he’s passionate about telling the real stories of founders, disruptors, and game-changers.

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