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Filed by Target Global Acquisition I Corp. |
Pursuant to Rule 425 under the Securities Act of
1933,
as amended, and deemed filed pursuant to Rule 14a-12
under the Securities Exchange Act of 1934, as amended
Subject Company: Target Global Acquisition I Corp.
Commission File No.: 001-41135
VenHub Opens Its First 24/7, Autonomous Smart Store in Southern California
North Hollywood retail location is stocked and ready to serve community
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The Companys autonomous solution features a modular design, reducing building and operating costs while
advanced security measures protect inventory and consumer data. |
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VenHubs proprietary robotics and AI-driven platform ensures precise
product handling, efficient inventory management, and a smooth, unattended retail experience. |
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VenHub aims to leverage its scalable, data-driven approach to transform retail environments, offering a more
accessible and cost-effective model for consumers and retailers. |
PASADENA, Calif., Jan. 13, 2025 (GLOBE NEWSWIRE) via IBN
VenHub Global, Inc. (VenHub or the Company), an emerging AI and robotics technology company, today announces the successful launch of its first fully autonomous Smart Store, now live at 11720 Vanowen Street in North
Hollywood, California. This store was sold to one of VenHubs valued customers who is excited to introduce a next-generation shopping experience to the local community.
This new Smart Store carries over 400 product SKUs, is equipped with six smart refrigerated cabinets, four dry cabinets, and four delivery windows that can
serve multiple customers at once. With the VenHub App now live in the Apple App Store and Google Play Store, consumers can enjoy faster and more convenient access to products around the clock.
This inaugural location signals the beginning of a widespread rollout across Southern California and eventually into communities throughout the United States.
VenHubs Smart Stores operate around the clock without on-site staff, offering a faster, more convenient, and highly secure environment that encourages both consumers and retailers to embrace a fresh
approach to shopping. Driven by customers, fueled by innovation, and making history every day, VenHub stands ready to meet the growing demand for autonomous retail solutions around the globe.
Management Commentary
I want to thank our
shareholders and our partners for their support, and I also want to recognize the entire VenHub team for their passion, hard work and dedication to creating a Smart Store that will change the retail landscape for generations, said Shahan
Ohanessian, CEO of VenHub. We will soon be releasing our launch plans across the United States, and we know our customers want their Smart Stores sooner rather than later. We are working diligently to meet the very high demand, and we thank
our 1,000-plus preorders for their support and patience. At the same time, we are relentlessly increasing our production capacity to ensure each VenHub Store is smarter, faster and more convenient for store
owners and consumers alike.
VenHub has already begun outlining additional store openings in Southern California and plans to accelerate its
nationwide expansion, reflecting strong interest across the United States. The Company also sees significant global demand and is preparing launch plans for other countries and continents to accommodate this widespread enthusiasm.