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IoT Automation Pioneer KINEXON Raises $130m in Funding Round Led by Thomas H Lee Partners

IoT Automation Pioneer KINEXON Raises $130m in Funding Round Led by Thomas H Lee Partners
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On factory floors, sensors help maintain distance

. BERLIN The 2019-20 National Basketball Association season was suspended for over 140 days after a player tested positive for the coronavirus. But once play resumed in late July, no other players tested positive. The league was able to evade the virus by requiring teams to live and play their games in an isolated area known as the Bubble, at the closed Disney World resort in Florida. But a small piece of technology also played a role: a wristband that players, coaches and trainers could wear off the court, and that was required for reporters covering the teams. A tiny digital chip in the band enforces social distancing by issuing a warning by light and sound when wearers get too close to one another for too long off. The bands have been picked up by the National Football League, the Pacific-12 college conference and other sports leagues around the world.

kinexon: On factory floors, a chime and flashing light to maintain distance

2,777,336.0 BERLIN: The 2019-20 National Basketball Association season was suspended for over 140 days after a player tested positive for the coronavirus. But once play resumed in late July, no other players tested positive. The league was able to evade the virus by requiring teams to live and play their games in an isolated area known as the Bubble, at the closed Disney World resort in Florida. But a small piece of technology also played a role: a wristband that players, coaches and trainers could wear off the court, and that was required for reporters covering the teams. A tiny digital chip in the band enforces social distancing by issuing a warning by light and sound when wearers get too close to one another for too long off. The bands have been picked up by the National Football League, the Pacific-12 college conference and other sports leagues around the world.

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