What is Wib?
Wib specializes in the design and manufacturing of smart vending machines and automated locker systems, utilizing proprietary web-based technology to streamline retail operations. The company addresses the growing demand for unattended retail and efficient goods collection, offering a comprehensive suite of services that includes maintenance, technical support, and flexible financing models. By integrating advanced software with robust hardware, Wib enables businesses to optimize their delivery and collection processes, thereby enhancing the overall consumer experience in high-traffic locations.
How much funding has Wib raised?
Wib has raised a total of $1.7M across 2 funding rounds:
Unspecified
$1M
Unspecified
$672K
Unspecified (2014): $1M with participation from Vertis Sgr
Unspecified (2015): $672K led by CLN Group, Vertis Sgr, and UniCredit Start Lab,
Key Investors in Wib
CLN Group
CLN Group is a leading international player in the metal forming and assembly of automotive components, operating through its MA and MW divisions. The group leverages its global manufacturing expertise to support industrial innovation.
UniCredit Start Lab
UniCredit Start Lab is a corporate-backed startup accelerator that runs a 12-month long program, focusing on high-growth sectors including CleanTech, life sciences, and robotics.
Vertis Sgr
Vertis Sgr is an Italian venture capital firm that focuses on providing growth capital to innovative companies, often targeting technology-driven enterprises with significant market potential.
What's next for Wib?
With the support of its strategic partners, Wib is poised to scale its operations and deepen its penetration into the enterprise-level retail market. The current funding context suggests a focus on expanding the company's footprint in the automated logistics sector, where the demand for contactless and efficient retail solutions remains high. Future initiatives will likely center on refining their patented technology, scaling production capabilities to meet international demand, and strengthening their service-oriented business model to ensure long-term operational sustainability in the competitive retail automation landscape.
See full Wib company page
