Marseille-based Traxens closes €20 million Series C to launch its IoT tracking solutions at scale

Traxens, a French company providing logistics asset data and services for the supply chain industry, has closed a Series C funding round at €20 million ($22.7 million) today. The financing from Itochu Corporation, Bpifrance, and Supernova Invest will go to scale up the startup’s smart containers and rail freight businesses and propel its international expansion. […]

German industrial IoT startup Cybus raises funding to scale up internationally

Hamburg-based Industrial Internet of Things (IIoT) startup Cybus has secured funding (“a seven-figure sum” because Germany) from btov Partners, the investor behind the likes of Volocopter, Raisin, Blacklane, SumUp and XING. Unnamed ‘private investors and entrepreneurs’ from the VC firm’s network also participated in the round, which will be used mainly to grow Cybus’ development, […]

Belgian smart parking startup CommuniThings lands €3 million from Orange and others

Smart parking IoT startup CommuniThings has raised €3 million in funding from Orange Belgium, Finance.Brussels, and Essex Innovation. The telco also plans to enter into a long-term partnership with the startup “to commercialise CommuniThings’ smart parking solutions across Belgium,” it stated in a press release. CommuniThings’ solutions are based on a rollout of sensors that […]

Danish IoT startup Webstech acquired by US-based TeleSense

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 […]

Seven startups graduate from Startupbootcamp’s IoT programme in London

Editor’s note: This is a sponsored article, which means it’s independently written by our editorial team but financially supported by another organisation, in this case, Startupbootcamp IoT. If you would like to learn more about sponsored posts on, read this and contact us if you’re interested in partnering with us. It’s been three years since Startupbootcamp, one of […]

Munich-founded database startup ObjectBox raises $2 million

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 […]