Sensoro will use the funding, provided by backers including Nokia and New World Development, to support research into its internet of things sensor technology.
US-based sensor technology producer Sensoro has closed a $10m investment round featuring Nokia Growth Partners, the venture capital firm sponsored by communications technology provider Nokia.
The round also included commercial property developer New World Development and investment holding company Mandra Capital.
Incubated in Beijing in 2013 by Microsoft Ventures’ China-based accelerator, Sensoro manufactures sensors, known as beacons, for the retail sector that collect information on customer behaviour. The company also offers real-time data processing services.
The funding will support research…
