Alphabet backs mobile scanning developer Scandit

Scandit, a Swiss company that develops mobile self-checkout technology for retail, has raised $30 million in a Series B funding led by  Alphabet's GV (previously Google Ventures).

The company's software is currently being used by brands including Nike, Estée Lauder and Sainsbury's and has many uses such as self-checkout, scan-and-go and mobile shopping. Therefore making it appealing to companies wishing to compete with Amazon's cashier-less retail option.

Scandit will use the funds to expand globally 

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