
Qopius
Constructing the world’s biggest AI-powered image recognition engine for digitizing supermarket shelves, that means detecting and recognizing every consumer goods product from images and video, to finally achieve the fully connected store.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor investor investor | €0.0 | round |
investor investor | €0.0 | round | |
N/A | €0.0 | round | |
N/A | Acquisition | ||
Total Funding | 000k |
EUR | 2016 | 2019 |
---|---|---|
Revenues | 0000 | 0000 |
EBITDA | 0000 | 0000 |
% EBITDA margin | (10 %) | (307 %) |
Profit | 0000 | 0000 |
% profit margin | (12 %) | (518 %) |
EV | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x |
R&D budget | 0000 | 0000 |
Source: Company filings or news article
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Qopius operates as a business-to-business enterprise, specializing in artificial intelligence and computer vision for the physical retail sector. Founded in Paris, France, in 2016 by Antonin Bertin, Roy Moussa, and Nicolas Barral, the company developed a platform to address inventory management challenges in brick-and-mortar stores. Roy Moussa, an engineer with a background in aerospace and mechanical engineering, brought an entrepreneurial drive to the company's mission.
The core of Qopius's business is its hardware-agnostic computer vision platform, which digitizes supermarket shelves to provide real-time data on product availability. The technology identifies products, detects out-of-stock situations, monitors pricing integrity, and ensures planogram compliance. This system converts shelf photos into actionable analytics, empowering store managers and staff to take immediate corrective measures, thereby streamlining operations and preventing lost sales. Revenue was generated through a subscription-based software-as-a-service (SaaS) model.
Serving major European retailers like Carrefour, Casino, Metro, and MediaMarktSaturn Retail Group, Qopius established itself as a key technology provider in the grocery and consumer goods market. The company's value proposition centered on enhancing in-store execution and improving the overall customer shopping experience. After raising approximately $1.15 million in seed funding from investors including 360 Capital Partners, Bpifrance, and Plug and Play Tech Center, Qopius demonstrated significant market traction. This success culminated in its acquisition by Trax, a leading global provider of retail analytics solutions, in February 2020, a move intended to accelerate the adoption of real-time store monitoring and autonomous inventory management.
Keywords: retail analytics, computer vision, inventory management, image recognition, FMCG, on-shelf availability, retail technology, shelf monitoring, out-of-stock reduction, planogram compliance, in-store execution, retail data, AI in retail, SaaS, supermarket technology, CPG analytics, store operations, price integrity, real-time data, data-driven retail, shelf digitization, automated stock management, retail task management, visual recognition, shopper experience