According to a recent LinkedIn post from Veesion, cofounder Thibault David appeared on BFM Business’ Tech&Co program to discuss how the company applies AI-driven gesture recognition to retail security. The post notes that shoplifting is estimated to cost global commerce €120 billion annually and positions Veesion’s proprietary, France-developed algorithm as a response to this issue.
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The company’s LinkedIn post highlights that its technology has already been deployed in 6,000 stores across 55 countries, suggesting growing commercial traction and international reach. It also references a €38 million Series B round and a fourfold increase in R&D resources, indicating a capital-intensive growth strategy focused on product enhancement and scalability.
The post suggests that Veesion aims to make AI-based gesture analysis a core component of “commerce of tomorrow,” framing the technology as infrastructure rather than a point solution. For investors, this positioning, combined with visible media exposure on a national business channel, may signal ambitions to solidify a leadership role in retail AI security and potentially expand addressable market opportunities.