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Transforming retail security with gesture-based AI: why we invested in Veesion

  • Paris-based Veesion raised a €38 million Series B round led by White Star Capital to transform retail security with its AI-powered gesture recognition technology.
  • Veesion's solution detects shoplifting in real-time, protecting thousands of retail stores across 25 countries and helping reduce stock shrinkage.
  • Traditional security solutions rely on manual monitoring, but Veesion's AI technology integrates with existing camera systems to prevent theft with an average of 15+ incidents detected per store monthly.
  • With new funding, Veesion will establish a U.S. headquarters to accelerate its expansion and deepen partnerships with major retailers and resellers, aiming to become a global leader in shoplifting detection.

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