Veea Inc. ("Veea") (NASDAQ:VEEA), a first-to-market leader in edge-native hyperconverged networking and AI-powered cybersecurity, enabling distributed "micro AI factories," and TROLLEE Holdings Limited ("THL"), the global innovator behind the TROLLEE® smart shopping cart product line, today announced the extension of their a strategic partnership, initially commenced in 2018 and extended with a licensing agreement in May 2023 between Veea and a predecessor to THL, to accelerate the global smart retail revolution.

This alliance represents the culmination of years of collaboration between the parties, resulting in a unified platform that combines Veea’s AI-powered, cybersecure hybrid edge-cloud computing and AdEdge™ contextual advertising engine with TROLLEE's next-generation Smart Retail platform incorporating smart shopping carts and emerging retail robotics capabilities. THL, established in 2025 to focus exclusively on the commercial expansion of the TROLLEE ecosystem, brings a proven track record of successful deployments across Japan, Korea, China, Singapore, Malaysia, Thailand, South Africa, and the Middle East. Critically, by joining forces with Veea, TROLLEE gains immediate access to Veea’s established enterprise relationships across the Americas and Europe. This strategic alignment significantly expands TROLLEE's global footprint, positioning the combined Veea-Trollee platform as a globally scalable smart retail solution.