CoreTigo Closes Financing Round

CoreTigo, a Netanya, Israel-based industrial wireless automation solutions provider, closed its strategic and financial investment round.

The round was led by Emerson Ventures, which joined CoreTigo’s portfolio of investors, including Cardumen Capital, Magma Venture Partners, Meron Capital, Qualcomm Ventures LLC, Sierra Ventures, Verizon Ventures, and Meitav Dash Investments.

Led by Eran Zigman, CEO, CoreTigo offers a solution for factory digitization and automation. With its IO-Link Wireless solutions, machine builders and manufacturers can connect devices, collect data from any machine in the most challenging areas, and reach new levels of control flexibility over their machinery and equipment.

The company’s solutions are addressing a variety of industries, enabling machines and production lines to do more by expanding both their flexibility and capacity in a cost-effective manner.

FinSMEs

23/09/2022