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…

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