Shelfie-Tech Ltd. Advances Retail Automation with Funding and Beta Launch

Shelfie-Tech Ltd. (CSE: SHLF) (OTCQB: SHLFF), a technology innovator in retail automation and AI-driven in-store intelligence solutions, has completed two financings totaling $3.4 million, finalized its dual listing on the Canadian Securities Exchange and OTCQB, and advanced its Robotic Retail Shelf Monitoring System to the beta-installation stage. These developments position the company for commercial launch and an expanded focus on AI-powered logistics, inventory analytics and intelligent store-management solutions. The company's technological solution, designed for large grocery stores and supermarkets, uses patent-pending technology with proprietary software that utilizes machine learning and image processing algorithms to automatically optimize shelf inventory management.

The completion of the $3.4 million in financings provides Shelfie-Tech with capital to accelerate development and deployment of its retail automation systems. This funding milestone is significant as it enables the company to move from development to implementation phases. The dual listing on both the CSE and OTCQB markets increases the company's visibility to investors in both Canada and the United States, potentially broadening its investor base and improving liquidity for shareholders. Investors can find the latest news and updates relating to SHLFF in the company's newsroom at https://nnw.fm/SHLFF.

Advancing the Robotic Retail Shelf Monitoring System to beta installation represents a crucial step toward commercial viability. This system addresses a significant pain point in the retail industry: maintaining accurate shelf inventory levels. Empty shelves result in lost sales, while overstocking ties up capital and leads to waste. Shelfie-Tech's automated solution promises to optimize this process through continuous monitoring and data analysis. The beta installation phase will provide real-world testing and validation of the technology's effectiveness in actual retail environments.

The company's expanded focus on AI-powered logistics, inventory analytics and intelligent store-management solutions reflects broader trends in retail technology. As retailers face increasing pressure to improve efficiency and customer experience, automated solutions that provide real-time data and insights are becoming essential competitive tools. Shelfie-Tech's technology could help retailers reduce labor costs, minimize out-of-stock situations, optimize inventory levels, and ultimately improve profitability. The full press release detailing these developments is available at https://nnw.fm/tNoSY.

This corporate update highlights Shelfie-Tech's progress toward becoming a significant player in the retail automation space. The combination of secured funding, public market presence, and technological advancement positions the company to capitalize on growing demand for retail automation solutions. As the retail industry continues to evolve toward greater automation and data-driven decision making, companies like Shelfie-Tech that offer practical, scalable solutions stand to benefit from this transformation. The successful implementation of beta installations will be critical for demonstrating the system's value proposition to potential customers and investors alike.