Swedenbased hiber series eqt 20mtakahashiventurebeat
Swedenbased hiber series eqt 20mtakahashiventurebeat has raised $10 million in a Series A funding round led by EQT Ventures. The company, which was founded in 2016, provides a global Internet of Things (IoT) connectivity platform for remote and hard-to-reach areas. The funding will be used to expand the company’s network and develop new products.
The Hiber Platform
The Hiber platform provides low-cost, low-power IoT connectivity to remote areas using satellite technology. The company’s satellites are also designed to provide coverage to areas that are not covered by traditional cellular networks. The Hiber platform is designed to be easy to use and accessible to anyone, regardless of technical expertise.
The Importance of IoT Connectivity
IoT connectivity is becoming increasingly important as more devices become connected. The ability to connect devices in remote areas is particularly important for industries such as agriculture, mining, and logistics. The Hiber platform provides a cost-effective solution for these industries to connect their devices and gather data from remote locations.
The Future of Hiber
The funding from EQT Ventures will also allow Hiber to expand its network and develop new products. The company plans to launch new satellites in the coming years to provide even greater coverage. Hiber also plans to develop new products that will make it easier for customers to connect their devices to the platform.
Swedenbased hiber series eqt 20mtakahashiventurebeat low-cost, low-power IoT connectivity platform is an important solution for industries that need to connect devices in remote areas. The company’s funding from EQT Ventures will allow it to expand its network and develop new products, which will help it continue to grow in the future. With the increasing importance of IoT connectivity, Hiber is also well-positioned to become a major player in the industry.