March 14, 2022
Global Brain has invested in Cloudpick Limited, a smart retail solution provider
Global Brain has invested in Cloudpick Limited (Cloudpick), a smart retail solution provider, through its EP-GB L.P. (EP-GB).
Cloudpick is an AI empowered digital retail infrastructure solution provider with the mission to transform customers’ shopping experience. Cloudpick has shown its advantage on high accuracy of recognition, speedy online payment and low initial cost for its clients. Founded in 2017, it has already expanded its business into more than 11 countries including Japan. Cloudpick also actively supports store operations, product sales forecast, as well as marketing, after the introduction of solutions.
Considering the aging population and labor shortages all over the world, as well as increasing tendency of non-contact purchase due to COVID-19, the market has high expectations for unmanned solutions which drive the global retail x AI market size to grow.
Global Brain has decided to invest in Cloudpick, highly recognizing its management team with strong business and academic background, the leading market solution and expanding retail x AI market. Through this investment, Global Brain together with Epson Cross Investment Co., Ltd. will support the further solution development and business expansion of Cloudpick.
About Cloudpick
- Locations
-
HQ: Shanghai, China
Japan Office: Chuo-ku, Tokyo
- Representative
- Jeff Feng
- Founded
- 2017
About EP-GB
- Name
- EP-GB L.P.
- General Partner
- Global Brain Corporation
- Fund Size
- JPY 5 billion
About Global Brain
- Location
- Tokyo, Japan
- Representative
- Yasuhiko Yurimoto
- Founded
- January 1998