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803 eComID from Sweden raises €2.75M pre-seed to empower retailers with AI-powered returns reduction platform

ArcticStartup
Nurcin Metingil @ ArcticStartup · 03/04/2024 04:14 EDT

eComID from Sweden raises €2.75M pre-seed to empower retailers with AI-powered returns reduction platform

eComID, a Stockholm-based startup, has raised €2.75 million in pre-seed funding to advance its AI-powered platform. The platform is designed to help retailers reduce product returns by encouraging shoppers to make more informed and sustainable purchasing decisions. The oversubscribed funding round was led by CapitalT, with participation from H&M Group Ventures and strategic angel investors. […]

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