SandStar, a Charlotte, NC and Beijing, China-based AI+Retail tech company, received an investment from True Digital Group (TDG), a digital arm of True Corporation, a Thailand telecommunication company and an affiliate of the Thai conglomerate C.P. Group.
The amount of the deal, part of a Series B+ funding round, was not disclosed.
Previously, the company received investments from Baidu Ventures, Kinzon Capital, Fengshion Capital, Guopeng Capital, and Mobai Capital.
Led by CEO Yili Wu, SandStar is an artificial intelligence company that provides computer vision technology for the retail industry. The advanced retail solutions engage shoppers with grab-and-go convenience, autonomous checkout and big data analytics, serving businesses worldwide.
Founded in 2016, the company provides Smart Kiosks, Pure Computer Vision Smart Shops, and Smart Store Analytics. It now has over 220 engineers and serves 20+ Fortune 500 companies.
FinSMEs
06/08/2020