Lifvs announced raising investment from Herenco Invest.
Lifvs, a Stockholm, Sweden-based company operating a chain of un-manned retail stores, announced that it entered into an investment agreement for securing capital investment.
The funding was provided by the local investor, Jönköping-based, Herenco Invest.
Lifvs, founded in 2018 by Daniel Lundh and Bea Garcia, developed a chain of local un-manned stores aimed to cover sparsely populated areas and cities. The shops are located in Swedish regions including Örkelljunga, Uppsala, Tranemo and Bålsta, are open around the clock with have a full range of about 500 products. The customer opens the unmanned store with the help of an app.