Breed Reply Portfolio of IoT Start-Ups Raise in Excess of $50 Million in Series A Funding in 2017

Breed Reply Portfolio of IoT Start-Ups Raise in Excess of $50 Million in Series A Funding in 2017

LONDON–( BUSINESS WIRE )–Breed Reply, a leading operational investor in early-stage internet of things (IoT) businesses, saw one third of its 18-strong portfolio of investee companies, complete series A funding rounds in 2017. In total, six companies raised in excess of $50 million during the year with funds coming from notable investors including Accel, Aviva Ventures, Finance Wales, Intu and MunichRE. More companies in the growing portfolio are expected to be ready for Series A investment in 2018. The successful companies span a broad range of IoT sectors: Callsign (Cyber Security); Cocoon (Smart Home); enModus (Smart Building); Senseye (Industrial); […]