Scandit raises USD 30m in Series B

Scandit, the enterprise technology platform for mobile computer vision, barcode scanning, and augmented reality, has announced that it has raised USD 30 million in Series B funding led by GV, with participation from NGP Capital and existing investor Atomico, among others, the company said.

Scandit has previously raised USD 13 million.

The new funding will enable Scandit to accelerate global expansion and further develop its mobile computer vision platform to support advanced capabilities across any camera-equipped device. The funding will propel Scandit´s long-term vision of bringing the Internet of Things to everyday objects. Scandit achieves this by harnessing smart devices and their commodity cameras as universal sensors through mobile computer vision and augmented reality (AR), to the seamless convergence of physical and digital worlds.

Scandit enables enterprises and consumers to change the way they interact with everyday objects and augment the physical world with real-time data captured by scanning barcodes and recognizing text, objects, and other visual identifiers using smartphones, tablets, wearables, drones, and robots.

Scandit´s mobile data capture platform is built on proprietary computer vision, augmented reality, and machine learning technologies. companies in industries such as retail, transportation and logistics, manufacturing, and healthcare can use Scandit´s technology to create and power mobile apps for crucial enterprise workflows like mobile point of sale, mobile shopping, self-checkout, inventory management, and proof of delivery.