Revolutionizing Retail: The Looma Project Secures $10 Million in Funding for In-Store Digital Media Platform

Looma, a pioneering in-store digital media platform, is thrilled to announce the successful completion of a $10 million funding round aimed at revolutionizing the retail experience. With a focus on storytelling, education, and recommendations, Looma empowers retailers to modernize and monetize their spaces through an innovative network of in-store screens. This funding will play a crucial role in expanding Looma's reach, enabling even more retailers to engage with customers at the point of decision-making. By leveraging cutting-edge technology, Looma not only enhances the shopping experience but also allows brands to share their narratives in a captivating way, directly influencing consumer choices. The company's unique approach integrates content produced or edited through Relay™, its global network of independent filmmakers, editors, and creators, ensuring that every piece of content is tailored to resonate with audiences in-store. This funding round will enable Looma to further develop its platform, enhance its capabilities, and expand its partnerships with retailers and brands looking to make a lasting impression on shoppers. In a fast-evolving retail landscape, Looma stands at the forefront of digital transformation, providing an essential tool for businesses to elevate their in-store marketing strategies. As they embark on this exciting journey fueled by investor support, Looma remains committed to its mission of telling compelling stories that inspire and inform at the critical moment of purchase.