EMnify, a German startup based in Berlin and Würzburg, announced its existing investors have funded an €8 million Series A round to help scale the company’s unique Internet of Things cloud technology. EMnify provides a SaaS product that allows users to securely operate IoT data networks around the world. In fact, the company claims to […]
UK-based chip designer Dialog Semiconductor is buying Germany’s Creative Chips to add industrial internet of things (IoT) to its portfolio and pursue “ambitions in the Industry 4.0 market.” Dialog’s acquisition of the mid-size manufacturer will increase its sales in the area of wireless low power connectivity, configurable mixed-signal and power management integrated circuits, the company […]
Traxens, a French company providing logistics asset data and services for the supply chain industry, has closed a Series C funding round at €20 million ($22.7 million) today. The financing from Itochu Corporation, Bpifrance, and Supernova Invest will go to scale up the startup’s smart containers and rail freight businesses and propel its international expansion. […]
The Smart Kitchen Summit will host its first European edition of the conference this June in Dublin.
Dutch energy startup Nowi has raised €1.5 million in funding from Amsterdam VC firm Disruptive Technology Ventures. Nowi is developing a power module for IoT sensors that it claims won’t run out of power. “By getting energy from WiFi, GSM signals, light and movement that is all around us and effectively harnessing this to power […]
Israel internet of things startup Seebo has raised an additional $8 million for its Series A round, totalling $16.5 million. The investment comes from TPY Capital, Viola Ventures, Pritzker Group Venture Capital, and Global IoT Technology Ventures. Seebo is developing an industrial IoT platform to help meet the demand of connected devices in manufacturing and […]
UK AI startup MindTrace has announced a £1.3 million funding round from Accelerated Digital Ventures (ADV) and the Northern Powerhouse Investment Fund. MindTrace is developing intelligent self-learning (or “unsupervised learning”) algorithms, particularly for use with autonomous vehicles but also in cybersecurity, the internet of things, and data management. The Manchester-based company is in the midst […]