Retail Innovation Club

As we wrap up 2024, let’s take a dive into the evolution of Israeli retail-tech and explore the funding trends we’ve seen take place. 💵 Cementing itself as one of the most significant ecosystems in the global tech industry, Israeli retail-tech has brought one of the most robust booms in modern tech history, giving birth to hundreds of industry-shaping startups and cutting-edge technologies that are innovating the way we experience our favorite brands. 🏰 Let’s take a look at some key highlights, as told by the numbers 🔍 💰 Capital Raised: In 2021, retail-tech experienced an unprecedented peak, fundraising a staggering $2.4B, reflecting strong investor confidence in scaling retail-tech ventures. Post-2021, there’s been a steady decline in fundraising with only $287M in 2024, indicative of a broader market correction or shifts in investor focus. 🤝 Deal Volume: Early-stage rounds (Seed & Series A) were prevalent until 2021, when later-stage rounds (Series C and beyond) began to dominate. 2021 was also a record year with 86 deals closed across all funding stages, followed by a steadily decreasing annual deal count, reflecting possible market saturation or cautious investor sentiment. 📈 Investment Stages: Seed & A: Consistent through the years and seeing a sharp decline since 2022, showing a slowdown in funding new entrants. B & C: Spiking in 2021 with a steep decline thereafter and a considerable bounce back in 2024, highlighting challenges in scaling during uncertain economic times. D & beyond: Gaining stability in 2023, demonstrating that investors were doubling down on their winning portfolio companies, and limiting attention towards early-stage prospects. 🔮 What’s next for Israeli retail-tech? Showing lower capital inflow, 2024 reflects various global factors at play including challenging and uncertain economic conditions, intense political cycles and more, while also signifying a potential consolidation phase, where the more established companies thrive. However, it’s important to consider the robust, resilient, and exceptionally collaborative nature of the industry, in combination with an underlying need for retail-tech innovation that make it well-positioned for a rebound when market conditions improve. Do you have thoughts on the future of the industry? We’d love to know in the comments below 👇 Thank you to the wonderful team at IVC Data and Insights for their insightful coverage of the industry. Oren Paran | Avner Erez | Guy Holtzman🎗 | Ben Klein

Looking for the next big opportunity to mingle with retail, brand and tech leaders? 🏰 Join us at the Legends of Commerce next week in New York for their Content & Cocktails, an exclusive evening of ideas, insights and innovation featuring: 🔹 Panels: Responsible AI, Retail Media Networks, Creative AI, and a 2025 outlook 🔹 Keynotes: Todd Snyder (Founder, Todd Snyder) & Joe Preston (CEO, New Balance) 🔹 Networking & Cocktails: connect with top leaders and innovators across the industry Think it can’t get better? 👇 Attendance is complimentary for retailers, brands and investors - don’t miss out! 🏃♀️ Brought to you by the wonderful teams at Coresight Research and Ken Pilot Ventures. 🙌 🗓️ When: Tuesday, December 3, 3:30PM-8:00PM ET 📍 Where: New York, NY RSVP 👉 https://lnkd.in/eSYuHVMF Oren Paran | Deborah Weinswig | Bynder | Digital Wave Technology | Wunderkind

Congratulations to CommBox on successfully raising $15M in investment capital from PSG Capital! Excellent work! 👏 📦❗ Oren Paran | Dvir Hoffman | Yaniv Hakim | Eli Israelov 📌 Read more on CTech by Calcalist 👉 https://lnkd.in/eFiEk5sz

Congratulations to Alison.ai for raising $13.3M in investment capital in a Seed funding round led by Almaz Capital, with participation from Foresight Group, Cardumen Capital, Crescendo Venture Partners, and Alumni Ventures! Well done! 👏 Read more on CTech by Calcalist 👉 https://lnkd.in/dATUx8-7 Oren Paran | 🚀Asaf Yanai | Koby Berkovich | Ellad Kushnir Matarasso

Startups: It’s right around the corner! 📢🚨 Are you looking to leverage the latest insights in retail as well as the opportunity to meet many of the world's leading brands? We’re proud to be partnering with MAPIC & LeisurUp ahead of the MAPIC 2024 Conference Program. 🇫🇷 Taking the theme of "The New Retail Equation", MAPIC 2024 this year's conference will focus on how retail is redefining the shopping experience and urban environments, diving into a wide range of engaging topics and discussions designed to shape the future of retail. 🏰 Key highlights: 🔹 Urban regeneration projects 🔹 High street retail innovations 🔹 Opportunities in AI for retail & property 🔹 Leisure in high streets and shopping centers 🔹 Immersive dining experiences Join brands like Abercrombie & Fitch Co., adidas, Burberry, Decathlon , Foot Locker, GUESS?, Inc., H&M, HUGO BOSS, Jack Wills, Lacoste, Levi Strauss & Co., lululemon, New Balance, The North Face, Pandora, PUMA Group, Ralph Lauren, Victoria’s Secret & Co. and countless others who are coming together to celebrate and explore the latest innovations in retail and meet cutting-edge companies. 👟 We're excited to be bringing you our special event bundle: 🔸 A 10% discount to attend 🔸 An additional 17% knocked off your booth 🔸 3 badges and a badge-scanning system 🔸 1 pitch on the innovation and sustainability stage 🔸 Full access to the online database Promo-code: "STARTUP10" Register 👉 https://lnkd.in/e6-nqNTx We're happy to be inviting you to join us at one of the world's biggest and most innovative retail gatherings every year, with the power to take your venture to new heights. ⛰️ 🗓️ When: 26-28 November 📍 Where: Palais des Festivals, Cannes, France Oren Paran | Charles de Bénazé | Jenny O'farrell | RX Global

The FTC invites you to join us as we come together to celebrate and learn from distinguished women entrepreneurs leading technology companies in the worlds of fashion-tech and food-tech. 🤵♀️🍔 👠 The awesome lineup: 🔹 Orlee Tal: Co-Founder & CEO, Workrz 🔹 Naama Manova-Twito: Co-Founder & CEO, MarkeTeam.ai 🔹 Dr. Michal Amit: Founder & CEO/CTO, Accellta Ltd. 🔹 Shelly Lotan (Adv.): Co-Founder & CEO, Medium Well Technological Solutions Keynote speakers: 🔸 Lital Kiperman Vaknin: Head of Innovation & Strategic Partnerships, The Peres Center for Peace and Innovation 🔸 Rajni Aneja: Managing Director, Cornell University Institute of Food Systems 🔸 David Grant: Senior Vice President of Information Systems, Fast Retailing Grab your ticket for 90 minutes of innovation, networking and inspiration with industry-leading women at the forefront of technology and innovation. 🎟️🌎 🗓️ When: October 15, 10:00AM EST 📍 Where: Online Register 👉 https://lnkd.in/e58S5iqF Oren Paran | #FashionTechConsortium | Food Tech Consortium | Startup Nation Central

As the holiday of Rosh Hashana signifying the new Jewish year approaches, we wish our friends, partners and global retail community a wonderful, healthy, and fruitful new year. We take this opportunity to express our gratitude for our incredible community around the world who have stood by us with an outpouring of love and support over this past year. Now, more than ever, it’s imperative that we stand together and champion unity, in Israel and all around the globe, focusing on our shared values and the things we all hold dear. In this moment, we offer our deepest prayers for the rescuing of our beloved hostages, who are still being held in captivity an entire heartbreaking year later. May they be swiftly brought home and returned to their families. As we celebrate this new beginning with apples dipped in honey, may we mark this as a new page in our journey together. 🍎🍯 Oren Paran #RoshHashana #BringThemHome 🎗️

Congratulations to Pickommerce AI Robotics for successfully raising $3.4M in investment capital in a funding round led by IL Ventures (ILVP Fund LP), along with InNegev, Fusion VC, ZIM Ventures and the Israel Innovation Authority, to advance the development, production and marketing of its PickoBot! Well done! 👏 Oren Paran | Kfir Nissim | Amir Shapiro Read more on CTech by Calcalist 👉 https://lnkd.in/egxriMsp

Less than one day left! 🕔🚨 The NRF Innovators Showcase application will be closing today at 5:00PM EST, and it’s calling your name! 🔊 This is your opportunity to join the National Retail Federation’s 2025 Innovation Lab, a special exhibit of the top 50 technologies transforming retail at NRF 2025: Retail’s Big Show. 🏰 Exhibitors will gain extensive exposure and benefits including: 🔸 Captivated Global Audience 🔹 It’s where the global retail industry comes together 🔹 NRF 2024 had 40K+ attendees, 19K+ retail professionals, 5K+ brands 🔸 Qualified Lead Generation 🔹 Year-over-year, participants average 100+ qualified retailer leads 🔹 Previous exhibitors have secured business with Walmart, Macy's, Starbucks, Whole Foods Market 🔹 And have gotten acquired by brands including Nike and Target 🔸 Fundraising Opportunities 🔹 Participants get exclusive access to the VC startup meetup 🔹 Past VCs include Andreessen Horowitz, XRC Ventures, Bain Capital, and more 🔹 Past exhibitors have raised millions in capital with the biggest retail investors 🔸 Media & Branding 🔹 NRF will promote the Innovators Showcase as a marquee attraction 🔹 Promotion includes special access tours, social content & blogs, podcasts and more Interested in exhibiting in Retail’s Big Show? 🌎 Apply today 👉 https://lnkd.in/e5Sx_vf9 Oren Paran | Liana P. | Zara Safiullah | Seth Webb | National Retail Federation

How will in-store experiences look in the future? 🤔   Join us at Shoptalk Fall 2024 to find out! 💥   Shoptalk Fall is your opportunity to stand out in front of retail’s boldest crowd and connect with the industry’s top decision-makers, where you’ll find:   🔸 4000+ retail & brand industry players 🔸 1 in 3+ C-suite executive 🔸 730+ companies 🔸 28+ countries Hear from innovative leaders from Ulta Beauty, Nordstrom, Dockers, New Balance, The Estée Lauder Companies Inc. and more. 📈 Spend 3 days learning from experts and retail insiders 🙋♀️ Book guaranteed meetings with industry leaders 🤝 Meet hundreds of innovative tech companies 🍸 Join epic parties, including the House of Blues Launch Party View speaker roster 👉 https://hubs.la/Q02JlSfP0 Get tickets here 👉 https://hubs.la/Q02JlSfP0 📍 Where: McCormick Place, Chicago 🗓️ When: October 16-18 Oren Paran | Matt Brightwell