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Shopic, an Israeli smart cart shopping tech firm, receives $35M in a Series B funding round

Shopic, a smart shopping cart tech developer from Tel Aviv, has bagged funds worth $35M in a Series B funding round. The funding round was led by Qualcomm Ventures, bringing the total funds it has pulled in from investors to $56 million. The investment round had many other participants, including Vintage Investment Partners and Clal Insurance, as well as existing Shopic investors IBI Tech Fund, Tal Ventures, Claridge Israel, and Israeli supermarket chain Shufersal. The tech startup plans to offer unique services with a clip-on unit that facilitates standard shopping carts to determine products as shoppers select them.

Full story: GroceryDive 

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