Nexxiot Raises $25M in Funding
- Nexxiot, a Zurich, Switzerland-based supply chain digitization company, raised $25M in funding
- The round was led by QVIDTVM
- The company intends to use the funds to further improve its technology to create client success and push ahead with North America expansion
- The company is an innovator in the IoT space, which specializes in digitizing non-powered cargo transport assets, increasing their trackability, control, safety and security
- Both the hardware and intelligent cloud platform are accessible via a flexible subscription model
- The company’s solutions are now deployed in more than 160 countries
