Bossa Nova

Bossa Nova is a robotics company that provides autonomous robots for the retail industry. The company's primary service is to offer robots that can navigate store aisles, scan shelves, and collect real-time inventory data. This data is then processed using AI to provide retailers with actionable insights into stock levels, misplaced items, and price inaccuracies. The company's business model is based on providing a full-stack solution that includes the robots, the AI platform, and the data analytics services. Its target clients are large retail chains, such as supermarket and hypermarket operators, that need to manage large and complex inventories.

Bossa Nova was spun out of Carnegie Mellon University's Robotics Institute in 2005. The company initially developed robotic toys and then shifted its focus to the retail sector. A major milestone for the company was its partnership with Walmart, which involved the deployment of its robots in approximately 600 of the retailer's stores. However, this contract was later terminated. The company has received significant venture capital funding to support its research and development and to scale its operations.

Keywords: retail robotics, inventory management, autonomous robots, data analytics, artificial intelligence, computer vision, retail technology, shelf-scanning, supply chain, asset tracking