Bossa Nova develops real-time, on-shelf product-data robots that collect terabytes of shelf-level data to help retailers optimize the omnichannel shopping experience. Its autonomous robots drive through aisles, navigating safely among customers and store associates. The company reports deployments in 50 Walmart stores across the United States. Bossa Nova raised $29M in the reported round and has $70M in total funding to date. It intends to use the new capital to expand headcount by 50%, further R&D efforts, and explore opening international offices. The company is led by president and CEO Bruce McWilliams and has offices in San Francisco, Mountain View and Pittsburgh. Bossa Nova Robotics develops autonomous mobile robots that drive through retail aisles to detect what has sold, identify out-of-stock and misplaced items, and deliver real-time inventory data. The robots sense obstacles and navigate around shopping carts and other in-store obstructions. The company has a partnership with Walmart to deploy its machines in 50 stores. Bossa Nova plans to use new funding to scale the business and expand its team, with a focus on autonomy software and artificial intelligence. The startup is hiring to support that build-out. The San Francisco–based company was founded in 2005 and has raised a total of $41.7 million to date. Bossa Nova Robotics builds robotic technology for retailers that analyzes shelf stock and collects data to optimize inventory. Its fully autonomous robots operate in stores among shoppers and provide detailed, time-sensitive data intended to improve shelf compliance and recapture lost sales. The company says it is testing its retail robots with five of the world’s leading retail chains. Bossa Nova positions its machines as a coworker that works in tandem with store managers and employees. Founded out of Pittsburgh with an office in San Francisco, the company plans to expedite rollout and deploy its robots full-time in retail stores. It recently raised $14 million in a Series A to accelerate that deployment.

Total raised

$61M

Funding rounds

3

Latest round

Equity

Latest activity

Jun 2018