Porto’s Reckon.ai has raised €5.1 million to advance its autonomous retail technology, which transforms everyday equipment—like cabinets and fridges—into smart microstores with no human interaction required. The AI- and computer vision-powered solution is already being used by major retailers including Pingo Doce, Continente, Carrefour, and IKEA.
Shoppers simply unlock a locker with a card or app, take what they want, and walk away—no checkout, no queues, no cashier. If they change their mind, they just put the item back. This frictionless system is now gaining traction in high-traffic zones like airports, hospitals, and train stations.
The funding round, led by Iberis Capital with participation from Alea and Touro, will fuel Reckon.ai’s growth in Europe and its entry into the U.S. market. CEO Ana Pinto notes the investment is a "decisive moment" for the startup, enabling it to scale from 40 to 80 employees and expand into sectors like pharmaceuticals, cosmetics, and electronics.
With nearly €8.5 million raised to date, Reckon.ai is positioning itself to redefine convenience in retail—offering consumers instant access and retailers a scalable, cost-efficient solution.
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