Belgian industrial IoT startup Sensolus has raised €3.5 million to develop and expand its logistics system, which helps companies track non-powered assets (or devices and equipment that aren’t ‘smart’) in supply chains and industrial manufacturing. The investment came from btov Partners, Annie Vereecken, Capricorn ICT Arkiv and Quest for Growth. The latter two investors led […]
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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 […]