Company Overview
Snapshot
Founded in January 1971, Shekel Brainweigh operates with 1–10 employees. The company has raised $7.24 million across one funding round. In February 2025, Shekel Brainweigh delisted from the ASX.
Business overview
Shekel Brainweigh develops solutions to enhance profitability for retailers by improving operational efficiency, automation, and customer experience. The company’s core technology integrates artificial intelligence with traditional weighing technologies via a standard IoT platform, offering solutions like 4D product recognition, predictive analytics, and a high-quality video ad generator. Shekel Brainweigh serves the retail and healthcare sectors with products such as its Intelligent Shelf platform and iPC Scale, which differentiates between various food products.
Strategic signal
In February 2025, Shekel Brainweigh delisted from the ASX. This event signals a strategic shift for the company, potentially indicating a move towards private operations or a restructuring of its public market presence, which could impact its future capital raising and market visibility.
Company Intelligence Q&A
- What was a significant recent corporate development for Shekel Brainweigh?
- In February 2025, Shekel Brainweigh delisted from the ASX, marking a notable change in its public market status.
- What was a key partnership for Shekel Brainweigh in 2020?
- In October 2020, Shekel Brainweigh teamed with French retailer Monoprix to work on a cashierless store initiative.
- What was Shekel Brainweigh's revenue in July 2022?
- In July 2022, Shekel Brainweigh boosted its revenue to US$13.1 million, driven by accelerated growth in its Retail Innovation segment.
- What product recognition technology did Shekel Brainweigh develop in 2021?
- In December 2021, Shekel Brainweigh developed product recognition technology that was implemented in GK's autonomous store.
- What new technology did Shekel Brainweigh introduce in January 2023?
- In January 2023, Shekel Brainweigh introduced new smart cart weighing technology designed to enhance self-checkout experiences.