ETH Zurich spinout Nexxiot has added $25m to its coffers thanks to a round led by QVIDTVM.

Nexxiot, a Switzerland-based supply-chain sensor spinout of ETH Zurich, has pocketed $25m in funding led by investment firm QVIDTVM.
Founded in 2015, Nexxiot produces internet-of-things technology that allows logistics providers to improve the efficiency of their operations through tools such as fleet management and freight monitoring.
The spinout’s long-term goal is to help reduce carbon emissions by the logistics industry globally by 5%. Its offering is already available in 160 countries and the company is currently deploying its…

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Thierry Heles

Thierry Heles is the editor of Global University Venturing, host of the Beyond the Breakthrough interview podcast and responsible for the monthly GUV Gazette (sign up here for free).
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