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Zozio, a Paris-based logistics platform, picked up a €4 million round to grow the business internationally. Zozio raised €4 million in funds. The round
Nestwave Secures Additional Capital to Accelerate Deployment of Low-Power Geolocation Solutions for the IoT design-reuse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from design-reuse.com Daily Mail and Mail on Sunday newspapers.
Nestwave Secures Additional Capital to Accelerate Deployment of Low-Power Geolocation Solutions for the IoT
European Innovation Council Fund, Sofimac Innovation and The Faktory Fund Back Nestwave Innovation and Vision
Nestwave, a provider of low-power geolocation IP and cloud services for Internet of Things (IoT) applications, today announced that it has secured a €2.4 million round of financing from the European Innovation Council, the European Commission s newly established venture capital fund, and from current investors Sofimac Innovation (Paris, France) and The Faktory Fund (Liege, Belgium). The new financing round will enable Nestwave to further accelerate the rollout of its hybrid-signal global navigation satellite system (GNSS) and cellular positioning technologies.