Three startup technology companies are set to receive investment from John Lewis, as part of the retailer’s programme for tech entrepreneurs.
The companies took part in the JLabs accelerator programme for entrepreneurs with promising technology ideas and gained funding after demonstrating technology that could potentially be used in John Lewis stores in the future, according to The Times.
DigitalBridge, a virtual decorating tool, secured £100,000 investment, while startups Wedding Planner and Link Big, which embeds smart links into Instagram photos, received £50,000 each.
Digital bridge, which creates augmented reality versions of rooms from a photograph, allows users to virtually decorate their space. It gained funding ahead of 280 other participants.
This is the third year John Lewis has run the JLabs scheme.