Sodyo Raises Approx. $5M in Series B Funding

sodyo

Sodyo Ltd., an Israeli developer of next generation scanning technology, raised approximately $5 million Series B financing round.

ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) made the investment.

The company intends to use the funds to further develop its technology and expand its implementation, including ZIMARK’s, a Sodyo-ZIM joint venture, dedicated to applying Sodyo’s scanning technology to the logistics sector and supply chain processes.

Led by Alon Raz, CEO,  Sodyo aims to create highly functional offline to online environments. Through Sodyo, people and businesses can interact and move between their physical and digital worlds. This is accomplished using a new state of the art scanning technology. Essentially, consumers can scan a code and get instant access to content, regardless of where they are or what device they are using. Sodyo is primarily focused on providing interactivity solutions to customers in the fields of media, sports, and digital out of home, supplying a wealth of engagement and monetization opportunities.

FinSMEs

02/08/2022