Australian smart buildings company Quantify raises $5M in capital

Quantify Technologies, a publicly traded IoT company that develops smart/intelligent building applications and solutions has raised $ 5M in new capital.

The company trades on the Australian stock exchange under the ticker QFY and raised the funds by issuing 83M new shares to new and existing investors at 6 cents a share. Quantify will use the funding proceeds for the testing of an integrated Amazon Alexa/Q Device product they are developing.

“These funds will also allow us to accelerate development of further enhancements and integrations of technologies such as Amazon Alexa to further redefine the IoT industry standard and to make our solution the platform of choice,” Mark Lapins, head of Quantify Technologies.

The Q Device by Quantify can be used to control multiple IoT-based in-home devices. The core solution can be deployed at the time of a building’s construction or retro-fitted later.

Rolling out IoT solutions across an enterprise is considered a tough ask, especially when organizations have heterogeneous system operating upon different standards. This is where Quantify makes a difference by eliminating the needs to install dedicated gateway devices or communications hubs. It offers a core control and reporting API for the purpose.


Postscapes: Tracking the Internet of Things

Bolt IoT platform raises $40K in crowdfunding from its Kickstarter campaign

Bolt, an integrated IoT hardware kit comprising of Bolt WiFi chip, Module, Cloud, mobile apps, and APIs launched its Kickstarter campaign and raised $ 40,000 pledged of $ 10K goal through 875 backers.

Bolt Hardware

A key differentiation of Bolt from other IoT kits is the former’s cloud platform has machine learning algorithms that users can run on their sensor data. The other aspect is that Bolt has ‘packaged’ the IoT development hardware and software in a way that lets developers launch a project from zero using the Bolt solution.

The Kickstarter offers by Bolt starts from the basic $ 17 Bolt IoT platform and upsells to $ 650 legendary kit. Typical use cases of Bolt platform are home automation, temperature monitoring, soil monitoring, and other real-time monitoring use cases.

Smartphone App

A complete feature list of the platform can be accessed on Bolt’s campaign page. The product is primarily aimed towards makers, hobbyists, and developers planning to build an IoT product (with ML capabilities baked in). Third party services like Twilio, Mailgun, Zapier, and IFTTT can be appended to Bolt and lets developers make custom made alert/notification systems.


Postscapes: Tracking the Internet of Things

Australian Smart Buildings company Quantify raises $5M in venture funding

Quantify Technologies, an IoT company that develops smart/intelligent building applications and solutions raised $ 5M in venture capital. It was raised by placing 83M shares to new and existing investors at 6 cents a share. Quantify will use the funding proceeds for the testing of an integrated Amazon Alexa/Q Device product developed by Quantify.

“These funds will also allow us to accelerate development of further enhancements and integrations of technologies such as Amazon Alexa to further redefine the IoT industry standard and to make our solution the platform of choice,” Mark Lapins, head of Quantify Technologies.

The Q Device by Quantify can be used to control multiple IoT-based in-home devices. The core solution can be deployed at the time of a building’s construction or retro-fitted later.

Rolling out IoT solutions across an enterprise is considered a tough ask, especially when organizations have heterogeneous system operating upon different standards. This is where Quantify makes a difference by eliminating the needs to install dedicated gateway devices or communications hubs. It offers a core control and reporting API for the purpose.


Postscapes: Tracking the Internet of Things

Wiliot raises $19M venture funding to launch battery-free IoT connectivity

Wiliot, an Israel-based startup developing battery-free Bluetooth semiconductor technology closed a $ 19 million Series A financing round. Qualcomm Ventures and M Ventures led the round with the former contributing $ 5M in the latest round.

Scaling IoT with Battery-Free Bluetooth

The company previously raised $ 14M in venture funding from Grove Ventures, Norwest Venture Partners, and 83North Venture Capital. Wiliot semiconductors can harvest energy from radio waves significantly reducing the size as well as energy requirement of sensors used in IoT-based solutions.

“This new technology will allow a sensor/radio/processor combination to be embedded in products, packaging, walls, and furniture so that these things can be smarter and communicate with other Bluetooth devices, including smartphones. We will enable everything to be intelligent and every place we go and anything we wear, touch or use will include sensing, connected, passive devices with an unlimited lifetime.”Wiliot CEO and co-founder Tal Tamir

The startup that splits its offices between Caesarea and San Diego, former being the R&D center in Israel and the latter as business development office in the US, will start delivering proof-of-concept devices by Q2’18. Delivery to market is slated for early 2019.


Postscapes: Tracking the Internet of Things

Smart security camera maker BuddyGuard raises $4M

BuddyGuard, the maker of ‘Flare’ a machine vision powered smart home security camera raised approximately $ 4M in new funding. German electrical specialist Bachmann Group led the round.

Flare, smart security camera

The key differentiator of BuddyGuard’s home security system is that the camera uses machine learning to recognize faces and sounds that pose a security threat. It then alerts the user and notifies BuddyGuard of the potential threat. The proactive threat-detection capability saves homeowners the time and effort they need to invest in keeping track of a home security camera’s audio-visual feed.

The company had previously raised $ 1M in seed round funding in Feb of 2016.

The camera consists of LED ring, motion sensor, HD camera, microphone, infrared LED lights for night vision, and the tap area. The camera is connected to the internet via WiFi or an optional 4G LTE SIM card (in absence of WiFi availability).

The data processing takes place locally, meaning on the device rather than in the cloud. This saves significant time when analyzing data as well as ensures data privacy. Additionally, the camera can be controlled via Android or iOS smartphone app. “What sets us apart is that Flare can recognise and categorise potentially dangerous situations, and then decide on its own whether to notify you or our partner through the Alarm Monitoring Centre,” said BuddyGuard CEO Herbert Hellemann.

BuddyGuard App

BuddyGuard initially launched its smart security camera via Kickstarter campaign and has since expanded it team to 25 employees across Germany and Romania.


Postscapes: Tracking the Internet of Things