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Stock impact report

Simbe raises $50M in latest funding round [Yahoo! Finance]

SpartanNash Company (SPTN) 
Last spartannash company earnings: 2/19 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: spartannash.com/investors
Company Research Source: Yahoo! Finance
Recommended Reading Why Simbe Robotics thinks grocery stores are natural candidates for automation Simbe, the robotics company whose aisle-scanning bots are in several U.S. grocery chains, announced Thursday it has raised $50 million in a Series C round led by Growth Equity at Goldman Sachs Alternatives. The robotics company said it plans to use the new funding to expand into new product areas, scale its solutions with global deployments and “pursue strategic growth opportunities.” The company also plans to expand its team, which doubled in the past year. The new capital brings the total amount raised by Simbe to over $100 million and comes at a time when the company is seeing “surging demand” for retail technology across retail verticals. Simbe, the maker of the aisle-scanning robot named Tally, has been refining its technology to help retailers and vendors gain increased visibility into store and shelf conditions. In a little over a year's time, the retail automation so Show less Read more
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