Israeli cybersecurity company SCADAfence has raised $10 million in a Series A round from several investors: JVP, NexStar Partners, 31Ventures Global Innovation Fund, GB-VI Growth Fund Investment Limited Partnership, iAngels, and DS Strategic Partners. The company creates cybersecurity tools for securing SCADA (supervisory control and data acquisition) industrial networks and critical infrastructure, with real-time detection, […]
IoT startup Moeco has raised an investment of $5 million from US blockchain company Bitfury. Moeco, which has offices in Berlin and San Francisco, uses the blockchain to build its IoT data routing platform and will now be implementing Bitfury’s Exonum protocol. “Moeco is a service platform that enables customers to deploy citywide IoT networks […]
Ghent-based Sensolus, which makes industrial internet of things systems, has raised €2.75 million from Capricorn ICT Arkiv and Quest for Growth to fuel its international growth. Sensolus develops an industrial IoT tracking and monitoring system called STICKNTRACK and counts Airbus among its clients, which uses the system and the Sigfox network to track the location […]
Irish IoT connectivity company Cubic Telecom has just closed a $47 million Series C round. The new funding comes from existing investors Qualcomm and Audi Electronics Venture, and new investors Valid Soluciones Tecnologicas and the Ireland Strategic Investment Fund (ISIF). The startup has raised $88 million to date.
Malmö-based startup Anima raised €1 million for its connected watch, Kronaby, which is now launching in the US. The funding came from the Chinese component manufacturer Goertek.
Finnish startup Popit has raised €1.2 million to develop a smart device that assists people with managing their pill dosages.
Mobile and IoT customer care firm B2X has closed a funding round of €4.25 million from private equity firm Seligman Private Equity Select. The Munich-based company saw revenues of €100 million last year, having recently entered the customer care market for IoT devices. Samsung is one of B2X’s biggest clients. “We have a well-filled sales […]