Seattle Startup Veeve Launches Attachment to Turn Regular Carts into Smart, Checkout-Free Carts
Seattle startup Veeve has developed a new attachment that converts regular shopping carts into smart carts with built-in sensors and displays, aiming to expand their checkout-free technology from grocery stores to big-box retailers. The device, announced at the Groceryshop conference, offers the same functionality as Veeve's original smart cart but without a scale, making it compatible with most carts.
Seattle Startup Veeve Partners with Albertsons to Launch Smart Shopping Carts in Dozens of Stores Nationwide in 2023
Seattle-based startup Veeve, founded by ex-Amazon engineers, is partnering with Albertsons to roll out its smart shopping carts in dozens of stores nationwide later this year, enabling checkout-free shopping. The carts feature touchscreens, integrated scales, and loyalty program integration, aligning with the growing trend toward contactless, cashierless retail experiences.
Fabric raises $140M Series C led by SoftBank at $1.5B valuation to scale e-commerce platform
Seattle e-commerce platform Fabric, led by former Amazon executives and CEO Faisal Masud, raised $140 million in a Series C led by SoftBank at a $1.5 billion valuation, bringing total funding to $293.5 million. The 300-person company provides APIs and software for mid-market retailers (clients include Chico’s, McDonald’s, TriMark, L’azurde and The Honest Company) to manage pricing, inventory, storefronts and checkout as commerce moves online.
