Zurich, Switzerland, 06.04.2022. – LORIOT, the IoT company enabling long-range IoT networks worldwide, announces the closing of its Series A investment funding by WIKA Group, a global company with headquarters in Germany. WIKA Group is leader in the pressure and temperature measuring equipment manufacturing market and has a strong focus in the gas and oil industry.
WIKA’s strategic investment will ensure LORIOT’s further expansion and an acceleration of its growth as a leading LoRaWAN® network server provider. Maintaining a strong focus on innovation in the LPWAN market, introducing new services and setting new standards to enable massive long-range IoT deployments all around the globe.
Read more: https://loriot.io/news/loriot-investment-announcement.html
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