Wiliot wins $200m in series C funding

Jul 28, 2021 • gcv admin

SoftBank Vision Fund 2 led a round for the IoT tagging technology developer that was backed by several other corporate investors.

Wiliot, an Israel-based manufacturer of battery-free chips, raised $200m yesterday in a series C round led by internet and telecommunications group SoftBank’s Vision Fund 2.

E-commerce firm Amazon, pharmaceutical firm Merck Group, shipping firm Maersk, mobile network operator NTT Docomo, mobile chipmaker Qualcomm, electronics manufacturer Samsung and telecoms firm Verizon took part in the round through AWS, M Ventures, Maersk Growth, NTT Docomo Ventures, Qualcomm Ventures, Samsung Venture Investment and Verizon Ventures respectively.

Packaging materials producer Avery Dennison invested directly,…

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