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.
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folks, could be 60, 90 hours before that slick reaches them along the gulf coast. let s go to rick reichmuth now and more severe weather covering for us this morning. tell you what, at least five people were killed yesterday in tennessee, flooding is washing out roads and there is more rain that s going to be falling in the area today. we ve got jeremy hyatt, the tennessee emergency management agency joining us now live by phone. thank you so much for joining us, i want to ask you, certainly, with tornados, we expected that we, we expected some flooding, but this kind of flooding, these images are devastating. what s the situation on the ground right now. thank you for having us this morning. we got a tremendous amount of volume of rain in a very short period of time, it just overwhelmed all the drainage capability of the areas, in west tennessee and in middle tennessee. some of our areas, got over 13 inches of rain and there s more rain coming today. so, we re experiencing a lot
damage today. the first, a bp executive joins us live with what the company is doing to deal with this disaster. plus, unbelievable images of flooding, deadly storms killing five people as hundreds are evacuated from the homes and the storms are not over yet. just look at the pictures. and fox & friends starts right now. welcome to fox & friends on this sunday morning, we re following a number of fox news alerts for you this morning, as we have been telling you literally in manhattan, a stone s throw from this building, a bez i saturday night, people out to theater shows, the governor calls it a tact of terror. and david lee, let s start with the latest in the investigation, good morning to you. in the latest development now shall the actual vehicle the pathfinder in which this explosive device was placed was removed from time square within the hour and now presumably being taken to a police lap. it was taken out on a flatbed truck covered in a yellow tarp. this i