The Alphabet-backed smart vending operator is set to close down in the next two weeks having been valued at $100m in its last round.

US-based automated retail technology developer Stockwell will shut down at the start of July after raising $45m from investors including internet and technology conglomerate Alphabet, TechCrunch reported on Tuesday. Stockwell provides small automated vending machines that stock a variety of snacks and household items, for installation in places such as university campuses or businesses. It…

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