Cosmose, an AI shopping startup, valued at $100 million after Series A - Business Insider

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Cosmose AI, a data startup that tracks in-store shopping habits, just raised a $15 million Series A that values it at more than $100 million

Cosmose AI just netted $15 million in Series A funding from Tiga Investments, OTB Ventures, and TDJ Pitango. The round values the startup at more than $100 million.

The raise will help Cosmose expand operations in Southeast Asia, the Middle East, and India. It hopes to become profitable by 2021.Cosmose AI, a startup that uses data to track offline shopping habits, has just raised a $15 million Series A round that values it at more than $100 million. The Series A round was led by Singapore-based investor Tiga Investments, and involved a series of Asian angel investors as well as European VC funds OTB Ventures and TDJ Pitango, who also participated in the startup's $12 million seed funding round in 2019. $23 trillion global retail marketThe money will be used scale Cosmose's operations across Southeast Asia, the Middle East and India.

 

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