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 […]
Filo, an Italian internet-of-things startup, has received €2.5 million from LVenture Group, Pi Campus, AI.Pe Invest and some angels. Founded in Rome in 2014, the IoT company wants to make products “that simplify some aspects of our daily life.” So far the startup has put two devices on the market: Filo Tag, a bluetooth tracker […]
CyberMDX, the Israeli-American company providing cybersecurity in the Internet of Medical Things arena, has secured $20 million in funding. The round was led by Sham (Relyens group), a European provider of healthcare insurance and risk management, with participation from existing investors Pitango Venture Capital and Qure Ventures. CyberMDX helps hospital IT and biomedical teams secure […]