Bossa Nova raises $17.5 million for retail robots that monitor inventory.
Bossa Nova, a company that builds robots to track inventory on store shelves, announced today that it raised a $17.5 million round of series B funding.
Paxion Capital Partners led the round, which included participation from Intel Capital, WRV Capital, Lucas Venture Group, and Cota Capital.
The company’s robots are designed to autonomously navigate a store and take stock of what’s on the shelves. In theory, they should automate a tedious and time-consuming task that was previously done by sending humans around to look at how stock levels for each item were doing.
