Munich-based GreenCom, an IoT startup focussed on home energy management, has closed a €12 million funding round to expand internationally. Lead investor Shell Ventures and Japanese VC firm Energy & Environment Investment (EEI) have joined previous backers such as Centrica, E.ON’s Future Energy Ventures, Munich Venture Partners and SET Ventures. The SaaS platform is able […]
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KINEXON, a Munich-based IoT company that develops hardware and software, has signed a €15 million venture debt loan from the European Investment Bank (EIB). The loan, which is supported by the European Fund for Strategic Investments, will be meted out in three chunks upon completion of some pre-defined milestones. The financing will help the German […]
Editor’s note: This is a sponsored article, which means it is independently written by our editorial team but financially supported by another organisation, in this case, Techleap. If you would like to learn more about sponsored posts on Tech.eu, read this and contact us if you are interested in partnering with us. Electricity bills are […]
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 […]
Editor’s note: This is a sponsored article, which means it’s independently written by our editorial team but financially supported by another organisation, in this case, JETRO. If you would like to learn more about sponsored posts on Tech.eu, read this and contact us if you’re interested in partnering with us. Born and raised in Japan, […]
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 […]