Buylo, a Brno, Czech Republic-based retail automation startup, has raised €640,000 in a funding round.
Investors
The round was led by Purple Ventures, a venture capital fund spun out of the Purple Holding group, a fintech business. The fund invests in pre-seed and seed-stage tech-enabled startups from Central and Eastern Europe (CEE) with global ambitions. Their key areas of interest include digital health, energy tech, the creator economy, and security.
Buylo Use of Funds
The company will use the funding to support international expansion, product development, and hiring across technical and sales teams. Buylo also plans to launch specialised modules for fashion retail and budget-friendly versions of its platform for smaller businesses.
About Buylo
Led by CEO Josef Voda, Buylo is a company that leverages AI and RFID technology to automate and optimize retail and warehouse operations. The company's platform is designed to speed up transactions, minimize theft, automate stock tracking, and even deliver personalized shopping experiences in physical stores. Its solutions include automated inventory management, self-checkout systems, real-time upselling, loss prevention, and advanced analytics. Headquartered in Brno, Czech Republic, the company has established clients across the Czech Republic, Central and Eastern Europe, and the U.S., with implementations for brands such as Angry Beards, Numero Uno, and YOYOSO.
Funding Details
Company: Buylo
Raised: €0.64M
Round: Seed / Early-stage
Funding Date: August 2025
Lead Investor: Purple Ventures
Additional Investors:
Company Website: https://buylo.ai/
Software Category: Retail Tech / RFID & Automation
Source: https://tech.eu/2025/08/26/czech-retail-automation-startup-buylo-secures-eur640k-to-scale-rfid-powered-checkout-tech/