nami Raises $10.5M in Series A Funding

nami

nami, a Singapore-based multi-sensing platform and ecosystem enabler for the Internet of Things (IoT) industry, closed its Series A financing round raising $10.5m. 

Backers included Verizon Ventures, Amavi Capital, INSPiRE and Aconterra.

The company intends to use the funds to expand its team and geographical presence to deploy its advanced digital sensing infrastructure across residential and commercial buildings on three continents.

Co-founded by Jean-Eudes and Jérôme Leroy, nami enables enterprise customers to rapidly deploy intelligent presence, motion, and situation-aware IoT services. The company’s full-stack platform ingests raw sensor data, augments it into actionable metadata, and uses it to trigger automation across entire IoT environment, delivering several use cases. Over the past two years, nami has developed a platform for software-based sensing applications, featuring sensing topologies and associated intellectual property.

FinSMEs

06/07/2023