(L-R) UnaBiz CCO Loic Barancourt, CTO Alexis Susset, Co-Founders & Co-CEOs Philippe Chiu and Henri Bong, and COO Rémi François
Singapore-based customised IoT solutions company UnaBiz has secured an undisclosed sum in fresh funding led by Japan’s SPARX Group to close the ongoing Series B round at over US$50 million.
G K Goh Holdings and Optimal Investment also participated.
This development comes just over a year after UnaBiz bagged over US$25 million in funding led by the Toyota-backed SPARX.
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.
Its unique selling point lies in its advances in hardware designs and the company’s deep connection to Singapore and Taiwan’s supply chain and innovative ecosystem.
The company operates with sales offices in Tokyo, Paris, Madrid and Rotterdam, and has two R&D centres in Taipei and Labège.
Also read: How to firm up your IoT strategy to combat online risks
UnaBiz counts Nippon Gas (Japan), Shin Kong Communications(Taiwan), and UEMS (Singapore) among its clients.
Earlier this year, the company acquired the Sigfox 0G technology that powers the global public 0G Network and connects over 10 million sensors for 1,500+ B2B customers through 70+ national 0G operators worldwide.
Post-acquisition, UnaBiz doubled its office locations and tripled in headcount. The company currently employs over 240 employees worldwide.
“Aside from the investments already planned to support business development in strategic markets, we will also use the fresh funds in research and development to further enhance the core low-power 0G capabilities and enable cost-effective long-range connectivity dedicated to very low-value assets,” said Philippe Chiu, Co-Founder and Co-CEO of UnaBiz.
“Our product portfolio will also be expanded to integrate more LPWAN and satellite technologies, ultimately providing aggregated and clean data through UnaConnect service. The proliferation of new solutions aimed at a broader market will allow our customers to enjoy economies of scale and the freedom of choice when collecting data from physical assets – that is what the Technology Convergence movement is about,” Chiu added.
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