Funding Rounds

RetailHub Closes an Investment Round from AngelSpark

To Improve Retail Management with AI

  • RetailHub, a company specializing in AI-powered retail solutions, has raised an undisclosed amount of funding from AngelSpark, an investment firm based in the UAE.
  • RetailHub offers advanced shelf analysis technologies powered by AI to improve shelf availability, reduce stockouts, and increase average basket size.
  • The solutions provided by the company also help reduce food waste, promoting sustainability in the retail sector.

RetailHub, a UAE-based company focused on AI-driven retail solutions, announced the successful closure of a new funding round with AngelSpark.

RetailHub is known for developing innovative solutions aimed at improving inventory management within the retail sector. The company’s advanced shelf analysis technologies, powered by AI, allow retailers to effectively monitor and manage their stock.

The company aims to enhance its collaboration with retailers and consumer goods companies to achieve better operational results, including improving shelf availability, reducing stockout rates, and increasing average basket size. Additionally, the solutions it provides contribute to reducing food waste, which is a positive step toward sustainability in retail.

This new funding comes as part of AngelSpark’s support for innovative startups in the region. RetailHub is expected to use this investment to expand its services and develop its technologies to help the retail sector make the most of data and artificial intelligence.

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