VisioLab,
a provider of AI-powered visual self-checkout solutions for food service, has
closed an $11 million Series A financing round. The round was co-led by
eCAPITAL Entrepreneurial Partners and Simon Capital, with continued
participation from existing investors High-Tech Gründerfonds (HTGF), zwei.7,
and Heartfelt (formerly APX).
Founded
in 2019 and headquartered in Osnabrück, Germany, with a U.S. office in Boston,
VisioLab develops iPad-based checkout systems that use computer vision and edge
AI to recognise both packaged and unpackaged food items at the point of sale.
This enables integrated checkout and payment without barcode scanning or the
need for venue infrastructure modifications.
The
system is deployed across sectors, including corporate dining, higher education,
sports and entertainment, and travel and leisure. According to
operator-reported data, the solution can reduce average transaction times by up
to 70 per cent and can be set up by existing staff in approximately 10 minutes.
Alongside
the funding, VisioLab is launching an integrated checkout-to-payment platform
that combines item recognition, point-of-sale software, and payment processing
in one system, eliminating the need for separate payment terminals and reducing
complexity and costs.
The company is also introducing a B2B e-commerce channel,
enabling operators to configure and order systems online, simplifying
procurement for multi-site deployments.
The new funding
will support VisioLab’s next phase of international expansion, building on
recent deployments such as stadium-wide rollouts at the Orlando Magic’s Kia
Center and Inter Miami CF’s Nu Stadium, as well as an ongoing rollout with Live
Nation Entertainment.