Danish wireless sensor startup Webstech has been acquired by TeleSense, a US-based IoT company that specialises in solutions to improve grain storage. TeleSense plans to integrate Webstech’s products into its offering to offer a suite of sensor tech for grain storage facilities. Webstech CEO Thomas Kylling, who has a background in agriculture, will now join […]
Correction: The story has been updated to reflect the correct amount ($13 million, not €30 million) and structure of the deal. Munich-based industrial IoT startup KONUX has raised $13 million in funding as an extension of its Series B round from investors including China’s Alibaba Group, according to the company’s press release and a report […]
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German edge database developer ObjectBox has raised $2 million in a funding round led by Vito Ventures, with participation from Calvary Ventures and several business angels, including Chris Adelsbach, Lucas von Cranach, and Andreas Mihalovits. ObjectBox is a database that’s optimised for use in small devices, from a smartphone to a router to a Raspberry […]
The Netherlands-based mobile data solutions provider Mondicon has acquired Romanian IoT startup Simfony for an undisclosed amount. Joachim de Wild, co-owner of Mondicon, will become the new CEO of Simfony; Stefan Anghel, formerly product architect at Simfony, will join the management team as CTO. Founded in 2014, Simfony has developed a Platform-as-a-Serice (PaaS) product for […]
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 […]
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 […]