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Jenz lands €540K four months after hackathon win to streamline retail operations

Marcus Chen
Managing Editor · Wednesday, October 21, 2026 at 4:00 AM · 1 min read
Jenz lands €540K four months after hackathon win to streamline retail operations — Tech.eu, Munich Technology news
Image: Tech.eu

Norwegian AI startup Jenz has raised €540,000 in pre-seed funding from Antler and Ada Ventures. The company has also received a NOK 1 million (€92,000) startup grant from Innovation Norway. Founded by Remi Bjørnestad (CEO), Jo Schou Sandåker (CTO) and Natnael Belete Seifo (CCO), Jenz is developing an AI-powered platform designed to help retailers automate operational tasks and make better use of their business data. Retailers typically manage information across multiple systems, including online stores, point-of-sale platforms, inventory management, accounting and marketing tools. Jenz aims to address this fragmentation by bringing data from these systems into a single structured layer that can be accessed and processed by its AI agent. The platform enables retailers to analyse sales and inventory data, forecast demand, evaluate pricing and marketing strategies, and automate routine tasks. By combining information from different systems, the AI agent can also monitor operations, identi

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