Cloudpick, a provider of autonomous retail solutions, has secured additional investment from investors which it will use to increase its staff complement, drive development within the local smart retailing store market and expand its operation, according to a press release. The amount of the investment was not disclosed.

The most recent investment emerged from a round of funding led by a CVC fund, jointly operated by Japan based Seiko Epson Corp. and venture capital institution Global Brain, as well as Uzabase's venture capital department, UB Ventures.

The Cloudpick technology empowers autonomous stores to leverage higher computing power devices with less, and lower hardware costs to launch.

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