RADAR lands $170M Series B, tops $1B valuation, Hewett says
Hewett says Physical AI can transform in-store commerce; X post lists investors including @nimble_partners, @gideonstrategic, @AlignVentures, @sound_ventures_, and @ycombinator.
By Ryan Merket · Published
Primary source: X · @SpencerHewett
Why it matters
Most spending still happens in physical stores, and operators lack real-time intelligence. A $170M raise into Physical AI signals growing investor appetite to wire up offline retail.
Spencer Hewett (Spencer Hewett (@SpencerHewett)) said his company RADAR has raised a $170 million Series B, valuing the business at more than $1 billion, in an announcement on X.
Hewett framed the round around a bet on what he calls Physical AI. "We believe Physical AI can transform the 80% of global commerce that still happens in stores," he wrote, adding that retailers lose an estimated $1 trillion each year. The post linked to a video with more context.…