Boost has secured €16 million in Series B funding to support its international expansion and product development in the unattended retail sector.

The round was led by growth equity firm Direttissima Growth Partners, with participation from Capmont Technology and Kineo Capital, alongside existing investors.

Founded in 2020 in London, Boost has grown into a leading provider of unattended retail technology, operating thousands of locations across three continents. The company employs 150 people across six countries, including the UK and Switzerland.

The funding will be used to enter new markets, expand the company’s product portfolio, and further develop its technology. Boost’s offerings include smart vending systems, connected coolers and self-checkout kiosks powered by its cloud-based platform, Vendlive.

Boost's clients include Coca-Cola, Hilton and Siemens, who use the company’s integrated hardware and software solutions to manage retail operations outside traditional store models.

Boost's founder and CEO, Pascal Uffer, said: “Our rapid growth leading up to this moment shows the timing is right. The market is ready, our technology is proven, and we’re ready to accelerate our international expansion together with our partners.”

Torsten Kreindl, managing and founding partner at Capmont Technology, commented: "Europe’s vending industry is fragmented and largely dependent on legacy technology, making it ripe for disruption. Boost’s seamlessly integrated hardware-software stack, allows the exceptional team to take vending to the next level."

Christine Müller, partner at Kineo Finance, added: "As one of the first institutional backers of Boost through our venture leasing facility, we’re proud to deepen our support as they scale their leadership in unattended retail technology."