Radar raises 170 millions US dollars in Series B funding Credits: Radar homepage Radar, an AI-powered retail intelligence platform, has raised 170 million US dollars in Series B Funding, bringing the company’s total valuation to 1 billion US dollars. The funding round was co-led by Gideon Strategic Partners and Nimble Partners, with participation from Align Ventures. Radar aims to use this round of funding to accelerate the deployment of its real-time inventory intelligence platform to its clients, retailers, and advance its next-generation proprietary sensor hardware, and expand its AI analytics capabilities. The funding will also be used to accelerate the development of Radar’s autonomous checkout development and the company’s overall growth across Canada, EMEA, and Latin America. “In 2026, operating without real-time intelligence in physical retail means choosing to leave billions of dollars on the table. Radar is changing that,” said Spencer Hewett, founder and CEO of Radar, in a statement. “Today, we’re empowering retailers to run stores with the same precision as e-commerce. This round signals market conviction in the scale of the opportunity and accelerates our ability to extend that advantage across retail and beyond.” Radar provides real-time inventory tracking for physical retail, delivering 99 percent item-level accuracy across the sales floor, stockroom, and fitting rooms. The AI-driven platform combines three components into a single end-to-end system: proprietary overhead sensors, software, and an analytics layer. Ceiling-mounted sensors in stores continuously read every tagged item, capturing precise location and movement throughout the store. That data feeds into Radar's software,…
