(L-R) Unabiz CCO Loic Barancourt, CTO Alexis Susset, co-founders Philippe Chiu and Henri Bong, and COO Rémi François
Singapore-based UnaBiz, a provider of customised IoT solutions, has announced a strategic investment from Frank Phuan in its pre-Series C funding round.
The investment follows the closing of the first tranche of UnaBiz’s pre-Series C funding round led by KDDI Global Innovation Fund 3 and Kyocera Communications System in August this year.
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This latest investment sees Phuan, co-founder of Sunseap Group, one of Southeast Asia’s largest clean energy solution providers, joining UnaBiz’s Board of Directors. His expertise is expected to amplify UnaBiz’s impact on global ESG initiatives.
Over the past two years, UnaBiz claims to have achieved significant growth, including a more than 10x increase in recurring revenue and adding over 5 million new devices to its global 0G Network.
“With their core technology Sigfox, UnaBiz is one of the rare deep tech companies that drive significant ESG impact through their innovative IoT solutions, especially in the energy and utilities sector,” said Phuan. “Their solutions not only deliver sustainable economic and environmental value but also help accelerate their customers’ journey towards net zero.”
Phuan brings a wealth of expertise in renewable energy and sustainability to UnaBiz. As the co-founder of Sunseap and the co-chair of the Sustainability Alliance of multiple Trade & Associations in Singapore, he has been instrumental in driving solar energy adoption and sustainable development across the region.
Launched in 2016 by Henri Bong, UnaBiz aims to provide scalable, energy-efficient IoT solutions for firms in critical verticals, such as aerospace, facilities management, F&B, healthcare, logistics, supply chain and smart cities.
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UnaBiz claims to have connected one million security devices over the past year. It is now investing in partnerships with major automobile and motorbike manufacturers to scale its telemetry and anti-jamming services globally.
In 2022, UnaBiz secured an undisclosed sum in fresh funding led by Japan’s SPARX Group, with participation from G K Goh Holdings and Optimal Investment. It also acquired French IoT firm Sigfox 0G in the same year.
Earlier, it bagged over US$25 million in an oversubscribed Series B round led by SPARX Group through its US$700 million Mirai Creation Fund II.
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