Treon, a Tampere, Finland-based technology leader specialized in intelligent edge products for massive IoT, closed a €5.5m Series A funding.
The round was led by Ventech.
The company intends to use the funds to bolster its sales and marketing efforts, establishing its market presence, and driving customer engagement, to enhance its product portfolio and further scale its organization.
Led by Joni Korppi, CEO, Treon provides scalable IoT solutions tailored to industrial, digital buildings, and logistics clients. Its portfolio includes sensors, gateways, edge platform, software, and services, all enabling advanced IoT solutions. Having established partnerships in the DACH region, Treon is now expanding its network to include the US, Denmark and France.
The team has seen substantial expansion, doubling to over 60 people within the last year, and now includes 14 nationalities.
FinSMEs
19/09/2023