According to a recent LinkedIn post from Veesion, company cofounder Thibault David recently appeared on BFM Business’ Tech&Co program to discuss how its AI technology is being applied to retail security. The post cites global shoplifting losses of €120 billion annually and indicates that Veesion has developed a proprietary gesture-recognition algorithm, described as fully developed in France and already deployed in 6,000 stores across 55 countries.
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The LinkedIn post also highlights Veesion’s recent trajectory, referencing a €38 million Series B financing round and a fourfold increase in R&D resources. The company is portrayed as aiming to make AI-based gesture analysis a core component of future retail operations, which could support recurring software revenue, strengthen its competitive position in retail technology, and enhance its profile within the French and broader European AI ecosystem.