A UK investment platform for retail technology will allow innovative companies to showcase their ideas in London next month.
The Retail 20:20 Investor Forum is for retail technology companies looking for early stage or growth funding.
The investment platform has been set up by retail innovation consultant Eccomplished and technology investment firms, Match Capital and Journey Ventures.
Eccomplished managing director, Stephen Millard said, “There are so many exciting and talented technology companies emerging to solve all manner of retail challenges – from meeting the demands of the multi-channel shopper, to the reinvention of physical retail spaces and their transformation into engaging digital experiences.
“This is a unique opportunity for innovative retail technology companies to pitch their businesses to a room full of people who can help them realise their ambition. We are still open to applications, so I encourage any interested technology vendors to apply.”
The Forum, takes place on 25 September at the Soho Hotel in London, with tech start-ups pitching their businesses in 20 slides to a group of UK technology investors. Companies wishing to enter must apply before 31 August.
Meanwhile, British Retail Consortium figures out today revealed that the UK experienced its best July sales growth since 2006.
The increase in sales was attributed to the recent warm weather but ecommerce firm Powa Technologies said sustainable growth lies with a more seamless adoption of ecommerce and mcommerce channels.
Powa Technologies CEO Dan Wagner said: “There should be a greater emphasis on innovation that engages more directly with consumers to deliver more activity at the tills. The lean towards digital shopping channels is needed but this should be done in a meaningful way that offers a personal experience and encourages some aspect of interactivity.”
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