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South Korean proptech startup Zigbang acquires Samsung SDS’ smart home IoT business

TechCrunch

Zigbang , a South Korean proptech startup that provides real estate transactions service, announced on Thursday that it will acquire Samsung SDS’ home internet of things (IoT) unit to make a foray into the smart home industry. . Zigbang has been on an acquisition-expansion spree since 2018.

IoT 217
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Memfault raises $24M to help companies manage their growing IoT device fleets

TechCrunch

At the same time internet of things (IoT) devices and embedded software are becoming more complex, manufacturers are looking for ways to effectively manage the increasing volume of edge hardware. According to Statista, the number of consumer edge-enabled IoT devices is forecast to grow to almost 6.5 million cash infusion in April 2021.

IoT 208
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Samsara could become a decacorn in upcoming IoT-themed IPO

TechCrunch

Back in 2018, for example, TechCrunch noted that the IoT platform company had raised $100 million at a $3.6 The Exchange explores startups, markets and money. Then we’ll do some work to better understand Samsara’s revenue multiples and what its value can tell us about its market. billion valuation.

IoT 195
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Digital bank Umba raises $15M, plans to expand into three new African markets

TechCrunch

As the region continues to experience rapid growth in mobile usage and the corresponding growing young population, these fintechs think this is the right time to provide financial services to every market category, from the banked to the unbanked. I’d like to think that we’re the cheapest in the market. million to date.

Banking 238
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The Week’s 10 Biggest Funding Rounds: Crusoe Energy, Insider And Biotech Raise Big

Crunchbase News

Founded in 2018, the company has raised $1.2 tied) Insider , $500M, digital marketing: Marketing tech platform Insider raised a $500 million Series E led by General Atlantic to fund its expansion in the U.S. Founded in 2018, the company has raised $654 million, per Crunchbase. billion, per Crunchbase.

Biotech 128
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Meet retail’s new sustainability strategy: Personalization

TechCrunch

Sindhya Valloppillil is the founder and CEO of Skin Dossier, a venture partner at Next Gen Ventures, a freelance writer and formerly a beauty industry executive and marketing professor. We have been raised to believe in recycling, but it has mostly been a sham — only 9% of all plastic waste produced in 2018 was recycled.

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How conscious companies can thread IoT’s security and privacy needles

The Parallax

5 questions to ask before buying an IOT device. Thoughtful change is needed, experts say, as regulations on IoT manufacturers might not be effective amid enforcement challenges. “ IoT are the computers you don’t realize you’re using every day.”—Stephen IoT manufacturers pass security buck to consumers.

Company 49