Automated retail supplier Invenda raises $7.5M for international development

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Automated retail supplier Invenda raises .5M for international development


Alpnach, Switzerland.14 January 2022- Invenda Group AG introduced the shut of a 7 million CHF ($7.59M) (€6.62 million) spherical and the growth of its board of administrators. Invenda develops good software program and {hardware} for merchandising machines, good kiosks and digital signage and is energetic in 14 nations.

The information comes after the shut of U.S. offers with very long time consumer Mars Wrigley and with the Houston Astros’ Minute Maid Park (different purchasers embody Coca-Cola and Lindt & Sprungli). The funding spherical signifies confidence amongst Invenda’s core traders in each Invenda’s company tradition, with its dedication to transparency, and the drive to broaden international development.

“Our purpose was to gather 3 million francs by the top of 2021, however now the quantity is greater than double. This confirms we’re heading in the right direction with Invenda and that our backers imagine in the way forward for Automated Retail,” says founder and CEO Jon Brezinski. “We’re altering the best way prospects are engaged, creating smarter methods to handle stock and upkeep, and utilizing our imaginations to broaden your complete trade.”

The spherical was led by former Emmi CEO and head of M-Trade at Migros, Walter Huber, and monetary specialist Gregor Greber, who each carry invaluable expertise in meals and retail and can be a part of Invenda’s board. Philippe Gaydoul of the Gaydoul Group and former CEO of Denner additionally participated within the financing spherical which can fund development in gross sales and growth.

The traders praised Invenda’s dedication to European high quality administration and disclosure of all figures and technique concerns. “I’m totally satisfied of Invenda’s technical method and look ahead to seeing the extremely certified and dynamic crew develop and obtain nice issues,” says Walter Huber.

Along with main orders, 2021 additionally noticed the set up of Invenda’s first outside machines; continued improvements in its patented A-Z touchless transaction know-how, gamification and crypto capabilities; and the transfer into new, bigger headquarters in Alpanch, Obwalden.

“Right here within the coronary heart of Switzerland, we now have sufficient room to current our merchandise,” says Brezinski. “Invenda’s AI promotions, our large contact screens, and all of our different improvements can be utilized. Shoppers can expertise the best way we’ve moved this machine-age area into the twenty first Century.”

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