SandStar secures Series B+ round by True Digital Group

SandStar, a technology company in empowering retail with AI, recently announced that it had received an investment in a Series B+ financing round from True Digital Group (TDG), a digital arm of True Corporation, one of Thailand’s leading telecommunication companies and an affiliate of the Thai conglomerate C.P. Group.

SandStar, a technology company in empowering retail with AI, recently announced that it had received an investment in a Series B+ financing round from True Digital Group (TDG), a digital arm of True Corporation, one of Thailand’s leading telecommunication companies and an affiliate of the Thai conglomerate C.P. Group.

Previously, the company also received investments from Baidu Ventures, Kinzon Capital, Fengshion Capital, Guopeng Capital, and Mobai Capital.

SandStar was founded in 2016. As one of the first technology companies focused on “AI+Retail”, in addition to “grab-and-go” smart kiosks, SandStar also has unmanned shops which benchmark Amazon Go but with much lower costs and a smart store analytics solution, which enables physical retail to operate like e-commerce with real-time data analysis.

Over the last four years, the company’s unmanned retail products and technologies have been adopted in 12 countries and regions around the world to empower the physical retail operations of more than 20 Fortune 500 companies and to enable traditional stores to gradually shift into digital and smart retail.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/08/04/sandstar-secures-series-b-round-by-true-digital-group/.

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