Israeli machine learning and IoT technology startup PointGrab today announced that it has raised $5 million from ABB Technology Ventures, EcoMachines Ventures and Flex Lab IX. The company’s first investor and current chairman, Saar Wilf, also chipped in for the round. PointGrab’s deep learning technology targets the home and building-automation market, providing detailed information about […]
Bo Ilsoe, a partner at investment firm Nokia Growth Partners, is a big believer in the ‘connected car’ movement. In this guest post, he gives an overview of what’s happening in Europe on that front.
A report on the recently held IoT Shifts conference by contributor Jaime Novoa.
Data Natives, the conference focused on how data is driving the future through the Internet of Things, Big Data and FinTech, takes place in Berlin November 19 – 20.
Paris-based consumer electronics maker Netatmo, which sells connected thermostats, weather stations and home security cameras, has secured €30 million in funding. The bulk of the cash comes from Legrand, a French industrial group that is a global leader in products and systems for electrical installations and information networks, with previous investors such as Iris Capital […]
Berlin IoT technology startup relayr, the company behind the nifty product prototyping and development tool Wunderbar, has raised $11 million in funding in a round led by renowned Silicon Valley investor Kleiner Perkins Caufield Byers, German business magazine WiWo reported this afternoon. Update: this has now been confirmed / announced by the company. Other investors […]
Dutch ‘Internet of Things’ startup Undagrid has raised an undisclosed amount of seed funding from KLM (Royal Dutch Airlines), Amsterdam airport Schiphol, Rabobank and the Delft University of Technology - who together manage an investment fund dubbed Mainport Innovation Fund (MIF). Undagrid basically offers a platform to connect devices with each other and the Internet. […]