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Bossa Nova Robotics

San Francisco,  CA 
United States
http://www.bossanova.com
  • Booth: 941

Bossa Nova is the leading data service provider for global retailers. Using autonomous service robots and AI, its technology automates the collection and analysis of on-shelf inventory data, helping retailers increase product availability, streamline inventory management, and improve the omnichannel shopping experience.


 Press Releases

  • SAN FRANCISCO, June 21, 2018 (GLOBE NEWSWIRE) -- Bossa Nova, the leading provider of real-time, on-shelf product data for the global retail industry, today announced a $29 million funding round led by Cota Capital. With new participation from China Walden Ventures, LG Electronics, and existing investors, this brings Bossa Nova’s total funding to $70 million.

    The funding will support headcount growth by 50 percent and will further R&D efforts. Additionally, the company is exploring opening international offices due to high global retailer interest.

    Bossa Nova also announced a new manufacturing partnership with Flex, the Sketch-to-Scale® solutions provider that designs and builds Intelligent Products for a Connected World™. Flex's deep multi-industry expertise in applying solutions helps deliver innovation and access to breakthrough technologies to nearly every industry. This partnership enables Bossa Nova to expand production and meet growing customer demand.

    Bossa Nova technology and services automate the collection and analysis of on-shelf inventory data in large-scale stores. As a result, retailers are empowered to make real-time, informed inventory decisions and take rapid action. This improves productivity and creates a better shopping experience for consumers. Bossa Nova’s robots are currently deployed in 50 Walmart stores across the United States, making it the largest deployment of this kind of technology in any retailer.

    “The global retail industry is at a critical inflection point,” said Bruce McWilliams, president and chief executive officer at Bossa Nova. “Today’s retail powerhouses require accurate, real-time product information to create a seamless omnichannel shopping experience expected by all customers. Bossa Nova’s technology gives retailers a data-rich and dynamic foundation to transform their store operations. We’re thrilled to have Cota Capital’s support.”

    “Bossa Nova and its technology are transforming the retail experience,” said Bobby Yazdani, founder and managing partner at Cota Capital. “Bossa Nova is enabling retailers to rethink decades-old processes by providing a combination of sophisticated technologies. They are at the forefront with focused technical expertise, extensive market knowledge, and a world-class team.”

  • SAN FRANCISCO, July 18, 2018 (GLOBE NEWSWIRE) -- Bossa Nova, the leading provider of real-time, on-shelf product data for the global retail industry, today announced the acquisition of the artificial intelligence company, HawXeye.

    Founded by Prof. Marios Savvides and Andy Lin, HawXeye is a spinoff of Carnegie Mellon University (CMU). The company has introduced significant advancements in face detection and object recognition technology. Prof. Marios Savvides has joined Bossa Nova as Chief AI Scientist bringing over 18 years of experience in deep learning, facial biometrics, and object recognition. Savvides will be responsible for advancing AI capabilities within the retail environment, resulting in precise product recognition at large scale, highly accurate identification of out-of-stock and misplaced products.

    Additionally, Bossa Nova also announced a new partnership with the CyLab Biometrics Center at Carnegie Mellon University. Founded and led by Savvides, the lab will advance research in AI, analytics, and robot perception in retail and autonomous navigation. With the addition of HawXeye and CMU’s technical expertise, leadership, and research, Bossa Nova gains exclusive licenses to more than 52 core IP properties in deep learning, correlation filters, 3D modeling, and additional product recognition technologies.

    “With the leadership of Prof. Savvides, the HawXeye team has an impressive track record of successfully transferring AI research out of a lab environment and into reliable and scalable products,” said Bruce McWilliams, CEO of Bossa Nova. “We have only scratched the surface of what’s possible in retail and together, we will accelerate the development of advanced, AI-powered, data-focused solutions. We’re thrilled to welcome the HawXeye team and Prof. Savvides to Bossa Nova and to further expand our relationship with CMU.”

    “Bossa Nova is changing the retail ecosystem. They deliver unparalleled real-time product data to the largest retailers in the world through fully autonomous service robots,” said Prof. Marios Savvides, Chief AI Scientist of Bossa Nova and director of CyLab Biometrics Center at CMU. “When combined with their robotics technology, our AI can unlock unprecedented levels of accuracy, reliability, and scale in retail scene understanding. With Bossa Nova, we’re confident we can create a new era of retail data and analytics.”

  • SHEFFIELD, England, Oct. 02, 2018 (GLOBE NEWSWIRE) -- Bossa Nova, the leading provider of real-time, on-shelf inventory data for the retail industry, today announces the opening of its Sheffield, UK office and the appointment of Red McKay as Managing Director.

    With Bossa Nova’s industry-leading solutions, retailers are using data to redesign store operations and reimagine the way people shop. Building on the success of its US deployment in Walmart stores, this expansion will enable Bossa Nova to meet UK demand for its autonomous robot and real-time data services.

    “The UK is a natural extension for our retail service solutions, and we expect rapid expansion under the leadership of Red McKay,” said Martin Hitch, Co-Founder and Chief Business Officer of Bossa Nova. “Red’s experience of working for retailers and their suppliers will ensure a successful launch of our services in the UK.”

    Bossa Nova expects the office to grow rapidly and chose Sheffield for its universities’ excellence in robotics and access to world-class talent. Additionally, the company will advance its partnerships with the UK robotics industry.

    “Sheffield has access to first-class talent and a global reputation for excellence in robotics, so it is no surprise Bossa Nova has chosen to open its first international HQ in the city,” said the Minister for Investment, Graham Stuart MP. “Bossa Nova’s office move is another endorsement of Britain’s world-class investment environment, particularly outside of London, for the world’s leading tech companies.”

    About Bossa Nova

    Bossa Nova powers the transformation of shopping. We pioneer the technologies and the data to map the retail world, every store, every product, every day. We enable our partners to redesign retail operations and reimagine the way people shop. With a multidisciplinary team of robotics, artificial intelligence, and big data scientists, Bossa Nova has solved the challenges to deploy fully autonomous retail service robots and deliver actionable data in real-time.

    For more information, please visit Bossa Nova.