Kamay Ventures Invests in Portuguese Firm Sensei to Support Expansion into Latin America

Sensei, a Portuguese company specializing in autonomous retail technology, has raised €15 million in a Series A funding round led by BlueCrow Capital. This investment will support the company’s plans to expand its operations across Europe and Latin America, with a goal of establishing 1,000 fully autonomous points of sale by 2026. The funding will also allow for a 30% increase in Sensei’s workforce over the next six months.

Sensei is focusing its Latin American expansion on Brazil, where it sees strong potential in the retail sector. Kamay Ventures, an investment firm with experience in the Latin American market, is playing a key role in supporting this expansion. The firm’s involvement highlights the importance of the region to Sensei’s growth strategy, particularly in the fast-moving consumer goods (FMCG) sector.

Sensei’s technology uses computer vision, AI-powered sensors, and real-time algorithms to create an autonomous shopping experience by eliminating checkout lines and the need for manual scanning of items. The company currently operates in Portugal, Spain, France, Italy, and Brazil, with plans to expand further into Central and Northern Europe.

The expansion into Latin America, particularly in Brazil, reflects Sensei’s broader strategy to grow its presence in new markets. With the support of Kamay Ventures, Sensei is well-positioned to take advantage of opportunities in the retail industry across the region, while continuing to innovate in the autonomous retail space.

Responses

Your email address will not be published. Required fields are marked *