Bossa Nova

Walmart's robotics partner just raised $17.5 million to fund more store automation


Get ready to see more robots cruising the aisles at stores. Bossa Nova Robotics just raised $17.5 million to help it build out its line of inventory-scanning retail robots. The funding round comes fresh off of a deal the startup inked with Walmart last month that will put Bossa Nova's automated store clerks in 50 of the big-box chain's stores. Investors behind the round include Intel Capital, WRV Capital, and Lucas Venture Group. The news brings Bossa Nova's total funding to date to $41.7 million.

Investors bet big on company bringing scanning robots to Wal-Mart


Bossa Nova, which makes autonomous shelf-scanning service robots for retail customers, just closed a $17.5 million Series B round. That brings Bossa Nova's total funding to $41.7 million. The funding announcement comes on the heels of a recently-announced partnership with Wal-Mart, which is testing Bossa Nova's autonomous inventory-scanning robots at 50 stores. The days of the shop clerk with the scanner gun could be numbered. Bossa Nova is positioning itself well.