Invenda Group raises USD 19m in Series B

Invenda Group, the Switzerland based automated retail company providing a proprietary operating system, InvendaOS, which leverages IoT, cloud technology, and AI to maximize ROI for the automated retail industry which encompasses vending machines, smart fridges, and micro market kiosks, has raised USD 19m in a Series B funding round led by Point Break Capital Management, the US based investment firm, with participation from Mutschler Ventures AG, the Switzerland based venture capital firm.

Target – Invenda Group AG

Buyer – Mutschler Ventures AG

Buyer – Point Break Capital Management, llc

Seller – Shareholders

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