Ghent-based Sensolus, which makes industrial internet of things systems, has raised €2.75 million from Capricorn ICT Arkiv and Quest for Growth to fuel its international growth.

Sensolus develops an industrial IoT tracking and monitoring system called STICKNTRACK and counts Airbus among its clients, which uses the system and the Sigfox network to track the location of aircraft components between different sites.

The company is currently active in Europe and plans to use the new funding to grow internationally and will invest strongly in its sales and business teams. Capricorn’s Marc Lambrechts will be joining Sensolus’ board.

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