6 years ago

Iotic Secures €7.5 Million to Advance Digital Twin Technology

  • UK-based digital software company Iotic has raised €7.5 million in Series A funding to accelerate growth and meet the increasing demand for its digital twin technology

  • The funding round was led by IQ Capital, Talis Capital, and Breed Reply

  • Iotic will use the funding to drive rapid deployment, deepen channel partnerships, and expand market adoption of its patented Iotic Operating Environment, Twin technology, and Event Analytics.

      • ProblemTechnology

      "Connecting diverse physical assets, systems, and data sources in sectors like manufacturing and infrastructure is complex, hindering data-driven insights and automation."

      Solution

      "Iotic offers a secure operating environment and tools to create interoperable digital twins of any physical entity, enabling seamless data exchange and interaction for improved efficiency, automation, and decision-making."

      Covered on