Autonomo

Edinburgh

Product

Venture

Funding use

Market Expansion

Sector

Autonomous Retail

Amount

Six-Figure

Fund

fund:AI

Summary

Autonomo is a checkout-free software startup founded by James Sutherland and former Metro CEO Patrick Müller-Sarmiento in 2021. The company enables retailers to convert existing stores into cashierless shopping experiences using computer-vision powered technology. Since launch, Autonomo has established itself as a serious player in the checkout-free software field.

The €2.3 million seed funding round was co-led by London-based Potter Ventures and supported by River Capital. This round brought Autonomo’s total funds raised to approximately £3.8 million, with previous investment from members of The Edeka Group (Germany’s largest supermarket corporation) and angel investment from current and former directors at Aldi, Delivery Hero, Metro, Carrefour, Apple, and Brookstreet Equity Partners.

“Working with River Capital and their fund:AI team has been transformational for Autonomo. From our very first meeting, David Walters and the team demonstrated a deep understanding not just of our technology, but of our vision to revolutionise retail across Europe.”

James Sutherland, CEO – Autonomo

You may also like