Dunnhumby Fund to Spur Retail Solutions

Written by Innovate New Albany@InnovateNA11 years ago

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Dunnhumby, an analytics and direct marketing firm focused on retail, is launching a venture fund for startups in the retail data, analytics and marketing technology sector.

The company that claims Kroger Company and Tesco as its clients has launched Dunnhumby Ventures, which plans to fund ten companies annually. According to a company spokesman, the objective of the venture fund is to answer the question, “What does the future look like and how can we develop solutions that help our retailer and manufacturer partners?”

Read more at adage.com.

Innovate New Albany, the city’s incubator for technology startups, entrepreneurs and small businesses, features 16,000 square feet of space within the New Albany Business Park’s Signature Office Building, 8000 Walton Parkway.