Tag: IoT

This IoT startup has raised a seed round to bring insurance to undeserved communities in Africa

Insurtech startup Lumkani has closed a seed funding round to provide highly vulnerable, traditionally excluded, low-income consumers living in informal settlements with insurance coverage. The funding round was led by 4Di Capital and Accion Venture Lab, the seed-stage investment initiative of financial inclusion leader Accion with participation of Lireas. Lumkani ...

Knife Capital participates in a R22m round into a Stockholm IoT startup alongside Candy Crush co-founders

Knife Capital, a Cape Town-based venture capital firm has made its first global investment since opening the London office in a Stockholm-based IoT specialist. The Cape Town-based firm has participated in a R22m funding round by Stockholm-based Mobile and Sensory Technology (MOST). Knife Capital invested alongside some of Europe’s most successful ...

Oolu raises ​​​​$3.2​​m Series A round from Persistent​​ Energy ​​Capital​​ & ​​Y ​​Combinator to expand in West Africa

Y Combinator start-up Oolu​, an off-grid solar companies in Senegal has raised $3.2m led by ​Persistent Energy Capital (PEC), and was joined by ​Y Combinator (YC) ​and other seed investors. ​ Oolu will use the money to further invest in its current​​ operations ​​in​​ Senegal​​ and​​ Mali,​​and ​​to​​ expand ​​into ...

Huawei & Honeywell to deploy IoT platforms into buildings after a new smart cities partnership

  Huawei has partnered with American based technology firm Honeywell Home and Buildings Technologies to introduce smart building offerings as a viable solution to address urban development pressures. Through this collaboration, the two companies will jointly pursue large-scale smart city projects globally to help city administrators build intelligent urban infrastructures ...

Image credits: Forbes

Growing use of IoT devices and security sensors in South Africa requires unified and extensible open-architecture management

Genetec Inc., a innovator of open architecture, IP-based security systems, says that local Internet-of-Things (IoT) IP devices and systems are growing at a rapid pace, but the implementation of adequate security management systems and cybersecurity is severely lacking. Genetec will host a seminar this Wednesday, 15th March in Midrand to ...

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