Instacart is Acquiring a Maker of Smart Grocery Carts, Wading Deeper Into Physical Retail

November 3, 2021 CLINT RAINEY, Fast Company

Instacart announced its largest-ever acquisition—of a startup whose technology helps customers who are shopping in person, physically, in stores. As part of a $350 million cash-and-stock deal, Instacart says it’s purchased Caper AI, a maker of smart grocery carts that has also built an Amazon Go-esque cashierless checkout system.