Innovative Receipt Technology Receives £2.5 Million in Seed Funding from VCs and Angels

In June, several articles on RTIH retail systems drew the attention of readers. Notable mentions included updates from Asda, Superdry, TikTok, Currys, Volvic, Frasers Group, Takeoff Technologies and information about the upcoming 2024 RTIH Innovation Awards.

The 2024 RTIH Innovation Awards are now open for entries with sponsorship from CADS, 3D Cloud and Retail Technology Show 2025. These awards aim to recognize global tech innovations in the rapidly evolving omnichannel landscape. This year, there are three new categories introduced: AI Innovation, Sustainable Retail Innovation and Inclusive Technology Innovation.

Important dates for the 2024 RTIH Innovation Awards include the award entry deadline on October 25th, the unveiling of the shortlist on October 29th, judging days from October 30th to November 6th and the winners announcement on November 21st at the award ceremony in Central London.

Recently, Slip secured £2.5 million in seed funding for their platform that assists retailers in digitizing receipts. The investment came from VCs like Adjuvo and Haatch Ventures as well as angels such as Dan Elton and Julian Burnett. Slip’s software was launched in 2022 and has already been utilized by retailers like JD Sports and Beyond Retro through partnerships with providers like Shopify, Klaviyo Epos Now and Sitoo.