AirBolt, a Melbourne, Australia-based consumer and enterprise tracking and access company, closed a $2M AUD Seed funding round.
The round was led by by 72Capital.
The company intends to use the funds to expand its range of connected devices and global partnerships, to grow internationally, expand into new product categories, and enhance its global live tracking service.
Founded by Kabir Sidhu in 2015, AirBolt provides a product suite that includes a smart travel lock, a Bluetooth-enabled Smart Travel Sized Lock and a GPS, LTE-M, and NB-IoT tracker.
The company is now scheduled to deliver the GPS units later this year and will continue to grow their US and European presence through their distribution and key hires.
FinSMEs
09/09/2021