UnaBiz, a Sigfox*’ operator for Singapore and Taiwan, raised over USD10m in Series A funding.
The round was led by KDDI, Japan’s global telecommunications pioneer, through “SORACOM IoT Fund Program”. SORACOM Inc, the KDDI Group company that runs the program, is a multi-standard IoT platform that operates in over 100 countries.
ENGIE, the global energy and services leader, participated in the round through ENGIE New Ventures, along with notable angel investors from Singapore, as well as Taiwanese security management giant Shin Kong Security, a subsidiary of the Shin Kong Group.
The company intends to use the new funds for the development of IoT applications that combines connectivity, end-to-end solutions and engineering services.
Led by Henri Bong, CEO and Founder, UnaBiz is a licensed IoT operator and the official Sigfox operator in Singapore and Taiwan. The company aims to provide Sigfox connectivity in both countries, as well as to sell IoT solutions from around the world enabled by its network. On top of that, UnaBiz supports businesses in harnessing IoT in their own field by offering professional consultation services to startups and corporations in such industry verticals as Aerospace, Facilities Management, Food and Beverage, Logistics, Security, Supply Chain and Smart Cities.
In two years, the company has rolled out two national networks, building an ecosystem of over 200 partners across Asia and signing deals in over 25 countries, connecting devices across five continents.
*Sigfox, the global market leader in low-power wide-area network (LPWAN), is a dedicated communication service for the Internet of things already deployed in more than 45 countries. As an energy and cost-efficient international network, Sigfox is highly scalable and the go-to solution for global IoT projects.
FinSMEs
28/08/2018