Willem Sundblad and Peter Brand, co-founders of Oden Technologies

UK-founded industrial IoT analytics startup Oden Technologies raises $10 million

London-founded industrial IoT (IIoT) analytics startup Oden Technologies has raised $10 million in a Series A round led by Atomico, with participation from existing investors including EQT Ventures and Inbox Capital. Niklas Zennström, Atomico CEO and co-founder of Skype, will join the company’s board. The startup claims that its cloud-based data analytics platform for IIoT […]

Industrial IoT startup KONUX closes Series A round at $16 million

Munich-based KONUX, an industrial IoT startup, has raised a further $9 million led by New Enterprise Associates (NEA), bringing its Series A round to $16 million. Several other investors participated in the round including MIG, Upbeat Ventures, Andy Bechtolsheim, Michael Baum, UnternehmerTUM, Warren Weiss, and Lothar Stein. KONUX develops industrial IoT solutions using smart sensors […]