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‘Sensing as a Service’ Company Wiliot Raises $200M

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IoT and “Sensing as a Service” company Wiliot has secured $200 million in a Series C funding round. Wiliot’s technology leverages self-powered stamp-size computers called Wiliot Pixels, which can attach to any product or packaging to sense a range of physical and environmental data that is sent to the Wiliot Cloud, where machine learning algorithms translate data into actionable insights for businesses across a range of industries.

Wiliot-enabled products and packaging are able to sense temperature, fill level, motion, location changes, humidity, and proximity. Wiliot IoT Pixels can be integrated into vaccine vials, food packaging, and more. The technology, the company said, brings real-time transparency to the supply chain and the ability for brands for the first time to understand inventory levels through retail channels, and even understand how their products are used in customers’ homes through a highly secure, privacy protected platform.

As part of the investment, Amit Lubovsky, investor for SoftBank Investment Advisers, will join Wiliot’s board of directors.

Vision-Spectra.com
Aug 2021
BusinessIOTIoT sensorSensors & Detectorsfundingseries CSeries C fundingIndustry 4.0sensing as a servicecloudcloud based servicesWiliotAmericassupplysupply chainsupply chain management

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