Today, RADAR announced a $170 million Series B, bringing our valuation to more than $1 billion. We believe Physical AI can transform the 80% of global commerce that still happens in stores. Retailers lose an estimated $1 trillion each year because their stores lack real-time visibility into what they have and where it is. RADAR is helping close that gap with 99% item-level inventory accuracy in real time, already deployed in more than 1,400 stores with leading retailers including American Eagle Outfitters and Gap Inc. brands such as Old Navy. We are just getting started. A big thank you to our investors, including @nimble_partners, @gideonstrategic, @AlignVentures, @sound_ventures_, @ycombinator, our customers, including @AEO and @Gap Inc., @OldNavy and the entire RADAR team for helping bring us to this moment.
