Tech Company Financing Transactions
AiFi Funding Round
On 3/27/2022, AiFi secured $65 million in Series B funding from HP Tech Ventures, Mithril Capital Management and Qualcomm Ventures.
Transaction Overview
Company Name
Announced On
3/27/2022
Transaction Type
Venture Equity
Amount
$65,000,000
Round
Series B
Investors
Qualcomm Ventures (Carlos Kokron)
Verizon Ventures (Jeffrey Black)
Proceeds Purpose
This round will primarily be used to expand the company's technical team to cater to the surging demand for AiFi's solution.
Company Information
Company Status
Private & Independent
Industry
ECommerce
Mailing Address
2388 Walsh Ave.
Santa Clara, CA 95051
USA
Santa Clara, CA 95051
USA
Phone
Undisclosed
Website
Email Address
Overview
AiFi's solution delivers a checkout-free experience with extremely accurate, instantaneous receipts, and provides a variety of customizations and operational tools to help retailers build and operate autonomous stores. The company creates value for retailers and brands by improving store productivity and profitability and brings more convenience and a delightful shopping experience to shoppers.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Steve Gu
Chief Financial Officer
Daniel Haarmann
Chief Technical Officer
Ying Zheng
VP - Engineering
João Falcao
VP - R & D
Wayne Gao
Browse more venture capital transactions:
Prev: 3/27/2022: Justpoint venture capital transaction
Next: 3/27/2022: Nautilus Labs venture capital transaction
Share this article
About Our VC Transactions Data
We do our best to report on all VC transactions involving tech companies. All VC database entries reported here are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs