Mind The Gap By Freshchat

We had a total of 316 funding rounds, $8.4 billion total funding, 93 acquisitions recorded, and a transaction of a total acquisition amount of $63.9 billion. Let’s dive right into the highlights now. Standard Cognition lands $35M at $535M valuation to battle Amazon Go EQT Ventures, Initialized Capital, CRV and Y Combinator have fueled Standard Cognition with another $35 million to help retailers battle Amazon. The deal values the San Francisco-based autonomous checkout startup, founded in 2017, at $535 million. Standard Cognition implants its AI-powered computer vision platform, which enables the autonomous checkout process, in brick-and-mortar stores. To date, the company has installed its hardware in five stores in the U.S. and Japan, with plans to expand globally using the new investment. Standard Cognition announces its Series B financing just eight months after closing a $40 million Series A. Suswal, justifying the lightning-fast growth, said 2019 has been Standard’s “year of deployment,” next year wi