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 […]
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 […]
German IoT startup Relayr has raised $30 million in a funding led by Deutsche Telekom Capital Partners with participation from B37, Purple Arch, Kleiner Perkins, and Munich Re. Relayr, whose total funding now stands at around $100 million, develops an enterprise cloud platform for aggregating data from industrial IoT devices; its customers include Bosch and […]
Hxperience has raised €1.4 million in funding led Axeleo Capital, the enterprise software investment fund from startup accelerator from Axeleo, with participation from angel investors from the AngelSquare community. The Paris-based company is developing a smart building platform called SMATI. The software utilises IoT devices and predictive analytics to collect and analyse data around a […]
Israeli cybersecurity startup SAM has raised $3.5 million in a new funding round led by Blumberg Capital. SAM has created a solution for monitoring and identifying risks in connected devices on a network where patches can be deployed much faster. It was developed in response to the proliferation of IoT and connected devices in the […]
Equity crowdfunding platform OurCrowd has launched a $100 million fund called Cognitiv to invest in AI, deep learning, IoT, robotics, and digital manufacturing startups. The Israeli fund is led by partners Avi Reichental (former CEO of 3D Systems), Eduardo Shoval, and Yori Nelken. Shoval and Nelken previously led the OurCrowd First fund. Cognitiv focus is […]
Robert Bosch Venture Capital (RBVC), the venture capital arm of electronics multinational Bosch, is taking a bet on crypto by investing in tokens from the IOTA Foundation, an open-source non-profit foundation building distributed ledger technology. No figures have been disclosed. IOTA is developing a distributed ledger for the internet of things that allows machines to […]