Scanntech lands $180 million to expand its retail data network

L Catterton led the Series F, with Partners Group joining as co-lead; a separate report says roughly half the deal is secondary share sales.

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Primary source: PR Newswire

Why it matters

Scanntech's $180 million deal backs a 34-year-old retail data network, while the reported secondary share sales mean the headline total may be roughly twice the new capital reaching the company.

AI-generated illustration of a cashier scanning bagged greens at a supermarket checkout as a man holding a tablet stands beside her, with groceries on the counter.

Scanntech has raised a $180 million Series F to expand its retail data business, a bet by founder and CEO Raul Polakof on extending a network built from the checkout systems of Latin American stores. The financing, announced on October 13th, was led by L Catterton, with Partners Group joining as co-lead.…

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