Sternum, an Israeli IoT cybersecurity company that offers on-device protection, has raised $6.5 million in Series A funding. Led by Square Peg, the round was joined by existing investors Merle Hinrich, btov Partners and some private investors including Boston-based entrepreneur Eyal Shavit and Udi Mokady, the founder and CEO of CyberArk. The Tel Aviv startup […]
Connexin, a London-based smart city operator, has secured £80 million in funding to keep up with demand in the UK. Whitehelm Capital, an Australia-based independent infrastructure manager, bought a large minority stake in the company and says it has “earmarked further capital for investment through the partnership.” “This investment isn’t just about Connexin. It affects […]
VRAI, a Dublin-based startup that creates VR simulation training for hazardous work environments, has secured €1.2 million in seed funding from existing private investors and the Irish state economic development agency, Enterprise Ireland. The Irish company combines virtual reality, AI and IoT technology to create more authentic and measurable simulation training for work environments, building […]
Arkessa, a British-born IoT connectivity provider, is acquiring Sim Services, a Netherlands-based connectivity services provider. The acquisition will allow Arkessa to strengthen its presence in the Netherlands. Founded in 2009, the UK company serves a variety of verticals and has offices in Europe and the US. Its service allows users to design, deploy and manage […]
SkyCell, the Zürich-based manufacturer of temperature-controlled smart containers for the pharmaceutical industry, has raised $62 million to expand through the US and Asia. The growth funding round was led by MVM Partners, along with a consortium of family offices and an unnamed Swiss insurance company. Existing investors such as the Swiss Entrepreneurs Fund, managed by […]
Truphone, the London-based global mobile network provider, has raised £30 million from existing investors to further develop its eSIM software and expand business in North America and Asia Pacific. The company’s valuation now sits at £410 million. Among other products, the telecommunications company offers an eSIM technology stack for mobile operators, device makers and chip […]
London-based Push Technology has announced a £10 million Series A round led by Glasgow-based Maven Capital Partners, with support from Guinness Asset Management and Stephen Capital. The UK company’s main product, Diffusion, is an API management platform that “combines pub/sub, request response, and time series in a single unified SDK.” Basically the platform securely streams […]