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EIB Invests €30 Million to Accelerate AI Automation in Czech Online Grocery Sector

· Source: news.fundsforngos.org

In short

The European Investment Bank (EIB) has announced an additional €30 million investment in Czech-based Rohlik Group to scale its AI-powered automation platform Veloq, bringing total EIB support to €120 million. The funding will accelerate the deployment of Veloq's integrated automated warehousing, predictive inventory management, and intelligent delivery routing for same-day grocery fulfilment across Europe and the United States.

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Tags: automation, grocery, logistics, AI, retail, warehousing

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