Italy’s Tuidi secures €3 million to optimise grocery retail through AI-driven store management
Italian FoodTech startup Tuidi has secured €3 million in a seed round to optimize grocery retail using AI-driven store management. This funding, backed by institutional investors and QBerg, underscores the growing trend of AI adoption within Europe's retail sector, aiming to enhance efficiency and competitiveness. The company’s approach represents a strategic move towards digital transformation within a traditional industry. Tuidi's core offering is its "Delphi" platform, which leverages proprietary machine learning models. These models analyze vast datasets to provide daily recommendations on procurement, pricing, assortment, and staff scheduling. This Seed round included investments from Vertis SGR, Azimut, and QBerg, with QBerg also becoming a strategic partner. The implementation of Tuidi's AI solutions has already demonstrated tangible results, with users reporting sales increases up to 2% and order cost reductions of up to 10%. This technology directly addresses inefficiencies in Italy’s grocery retail sector, which generated over €135 billion in 2024. This funding allows Tuidi to enhance its AI-powered products. This investment aligns with broader European initiatives to leverage technology for improved retail operations. The focus on automation and data-driven optimization reflects a push toward greater efficiency and sustainability within the grocery industry, setting new standards for the Italian market.
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