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 […]

IoT startup Relayr raises $30 million led by Deutsche Telekom

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 raises €1.4 million to make buildings smarter with IoT and analytics

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 […]