ProGlove, a Munich, Germany-based industrial Internet of Things startup, raises $2.2m in Series A funding.
Intel Capital, Gettylab and Bayern Kapital.
The company intends to use the funds to accelerate production and launch its smart glove system.
Founded in December 2014 by Thomas Kirchner, ProGlove develops smart gloves that enhance workers’ hands. Sensors and scanners embedded in the gloves enable manufacturing and logistics staff to work faster and safely. The system alerts workers immediately to operational errors and allows the automatic recording of workflow and process compliance data.
FinSMEs
10/06/2016