Swiss startup Scandit raises $30 million to integrate more objects into the Internet of Things

Swiss mobile computer vision startup Scandit, which scans products to incorporate them in the Internet of Things, has raised a $30 million Series B financing round. The investment was led by GV, with participation from NGP Capital and existing investor Atomico, among others. Companies in industries such as retail, transportation and logistics, manufacturing, and healthcare […]

Willem Sundblad and Peter Brand, co-founders of Oden Technologies

UK-founded industrial IoT analytics startup Oden Technologies raises $10 million

London-founded industrial IoT (IIoT) analytics startup Oden Technologies has raised $10 million in a Series A round led by Atomico, with participation from existing investors including EQT Ventures and Inbox Capital. Niklas Zennström, Atomico CEO and co-founder of Skype, will join the company’s board. The startup claims that its cloud-based data analytics platform for IIoT […]

Israel-based Axonize raises $6 million for its IoT platform

Israeli IoT startup Axonize has raised $6 million in Series A funding led by Meron Capital with participation from Deutsche Telekom, StageOne Ventures, and Cornerstone Venture Partners. The Israeli company develops a Microsoft Azure-based internet of things orchestration platform for IoT service providers for connecting and managing multiple applications. It will use the new funds […]

Nowi raises €1.5 million for its IoT power module technology

Dutch energy startup Nowi has raised €1.5 million in funding from Amsterdam VC firm Disruptive Technology Ventures. Nowi is developing a power module for IoT sensors that it claims won’t run out of power. “By getting energy from WiFi, GSM signals, light and movement that is all around us and effectively harnessing this to power […]

French industrial software startup Ermeo raises €2.5 million

French startup Ermeo, which develops software for industrial maintenance, has raised €2.5 million from Hi Inov, SNCF Digital Ventures, Partech Ventures, and Axeleo Capital. The software collects data on and monitors maintenance requirements in industrial equipment. The company’s CEO is a former maintenance engineer at French rail network SNCF, which has now invested in the […]

German smart home startup Senic raises $4 million in seed funding

Senic, a smart home technology startup from Germany, has secured a seed round of $4 million from Birchmere Ventures, Target Partners, and home appliance manufacturer Gira. Berlin-based Senic, which previously participated in Y Combinator, designs smart home systems, including a smart home device controller called NUIMO and a lamp called COVI. The products were originally […]