Kevel Secures $52 Million to Grow AI-Driven Retail Media Platform
· 1h ago · Originally reported by citybiz
Kevel has raised $52 million in funding to enhance its retail media infrastructure, focusing on AI-powered solutions. The investment aims to help retailers build and scale their own ad platforms more efficiently.
Why it matters
Retail media is a fast-growing segment where retailers monetize their digital properties with ads. Kevel's funding highlights the increasing demand for customizable, AI-driven ad tech in this space.
Explain it like I’m new here
It's like giving stores smarter tools to show ads on their websites, so they can make more money from shoppers.
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