MOXIE IoT
Date | Investors | Amount | Round |
---|---|---|---|
$200k | Seed | ||
$100k | Early VC | ||
* | N/A | Acquisition | |
Total Funding | €273k |
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Recent News about MOXIE IoT
EditMoxie IoT specializes in providing advanced technology solutions for the Industrial Internet of Things (IIoT). The company focuses on enhancing operational efficiency and productivity for industrial operations through its innovative MoxieWorld platform. This platform offers real-time digital twins, which are virtual representations of physical assets, allowing businesses to monitor and optimize their operations remotely. Key features include tracking machine load versus capability, identifying operator faults, and optimizing routing and congestion within facilities. Moxie IoT serves a diverse range of industrial clients, including those operating forklifts, bridge cranes, and other heavy machinery. The company operates in the industrial technology market, leveraging its expertise in ultra-wideband (UWB) and differential GPS (DGPS) positioning systems to provide precise data with low latency. Moxie IoT's business model revolves around selling hardware and software solutions, along with offering subscription-based services for data analytics and predictive maintenance. Revenue is generated through the sale of IoT devices, software licenses, and ongoing service subscriptions.
Keywords: Industrial IoT, digital twins, predictive maintenance, operational efficiency, UWB positioning, DGPS, real-time monitoring, asset optimization, heavy machinery, data analytics.