From US $1.3 bln raised in 2010 to about $38 bln in 2019, funding has increased at an average annual growth rate of over 48%.
Latest News
Machfu raises $3.75 mn to accelerate Industrial IoT
CSL Ventures, Blu Ventures, Texas Ventures and Texas Halo Fund lead investment in Machfu’s technology that securely connects critical assets and sensors to modern Web services.
Nokia and TIM Brazil team up on IoT
Nokia and TIM Brazil have come together to bring the IoT service to the latter’s enterprise customers in Brazil.
Ericsson’s proposal of Tiny-ML as a service
Researchers at Ericsson have offered a unique, ‘Tiny-ML-as-a-service’ concept to address some of the challenges faced in machine learning in the Internet of Things.
Gartner survey shows blockchain adoption combined with IoT adoption is big business in US
The Gartner IoT Implementation Trends Survey was conducted via Online from May through June 2019 with more than 500 respondents from the US.
Qualcomm Ventures invests in Augury
Augury, a well-known AI-based machine health solution provider, announced an investment of US $8 million by Qualcomm Ventures LLC to “accelerate the transformation of the industrial sector.”