28 May 2020

Scandit raises $80mn

Written By FinTech Alliance

Scandit raises $80mn

Enterprise barcode scanner company Scandit has raised $80mn.

In Brief:

  • The Series C round was led by G2VP.

  • It also included Atomico, GV, Kreos, NGP Capital, Salesforce Ventures and Swisscom Ventures.

  • Scandit offers barcode scanning used for self checkout, on mobile apps and for online ecommerce.

What does this mean?

This round brings Scandit’s total raised to $123mn. The business already has big name customers such as DPD, FedEx, 7-Eleven and Levi Strauss & Co – now, it will use its funding to grow into new markets like APAC.

Read more here.

 

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