Retail tech startup – ‘NearSt’ secures £2m in seed funding

A British retail tech startup, NearSt that Google is backing to drive more people into the country’s ailing high streets, has now raised 2 million pounds in seed funding.

‘Most of the products we buy online are stocked in a store nearby, until today though, they were invisible to your smartphone, so online was the only easy option. We’re solving that problem for retailers by making it effortless to get their products seen by the millions of local searches happening every day near their stores.’ – Nick Brackenbury, Co-Founder, NearSt

‘The magic of NearSt is how simple it is for a retailer to take advantage of this cutting edge technology. A few minutes and a few clicks is all it takes to get their inventory management system hooked up.’

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