Investors Cool on Internet-of-Things Startups, a Tech Conduit for Retailers
CFO News Room
NOVEMBER 15, 2022
Slumping markets have investors pulling back from funding startups that make internet-connected devices for retailers, threatening to choke an innovation pipeline for emerging tools like smart shopping carts and inventory management robots. million by the end of the year—one of the hardest hit subsectors in the IoT market, the firm said.
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