Kamino Retail, a Paris, France-based startup that focuses on empowering retailers with independence, agility, and innovation in their retail media monetization programs, raised €1.25 million in pre-seed funding.
SaaS Investors
50 Partners and Better Angle Funds participated in the round alongside several serial French investors.
50 Partners is an accelerator/incubator firm that seeks to invest in France-based companies operating in the digital, impact, health, technology, and web3 sectors. Founded in 2012, and is based in Paris, France.
Founded in 2023, Better Angle is a venture capital firm based in Paris, France. The firm seeks to invest in seed-stage, and pre-seed-stage companies.
Kamino Retail Use of Funds
The company plans to use the funds to support its research and development (R&D) recruitment plan and accelerate the launch of new platform features.
About Kamino
Founded in early 2023, Kamino Retail is a monetization platform for retailers. The company's platform provides various solutions, including innovative ad units, effective targeting, relevant reporting, improved workflow, simplified integration, and API connectors. The company provides a platform equipped with a suite of solutions designed to help retailers maximize the potential of their retail media monetization efforts.
Funding Details
Company: Kamino Retail
Raised: €1.25M
Round: Pre-Seed Round
Funding Month: September 2023
Lead Investors:
Additional Investors: 50 Partners and Better Angle funds
Company Website: https://www.kaminoretail.com/
Software Category: Monetization Platform
Source: https://tech.eu/2023/09/28/kamino-retail-raises-eur125m-in-pre-seed-round/